s 49 Regulations for shelf prospectuses, supplementary shelf prospectuses, short form prospectuses, profile statements, etc.
(1) Notwithstanding the provisions of sections 44 and 45, a person may issue, offer for subscription or purchase, or make an invitation to subscribe for or purchase, securities where at the time of the issue, offer or invitation there is in force— (a) a shelf prospectus as updated by a supplementary shelf prospectus; (b) a short form prospectus; or (c) a profile statement, relating to all matters which the Commission, with the approval of the Minister, may provide by way of regulations made under this Act with respect to a shelf prospectus, a supplementary shelf prospectus, a short form prospectus or a profile statement, as the case may be. (2) The regulations referred to under subsection (1) may provide for, but shall not be limited to, the following matters: (a) a shelf prospectus, including a supplementary shelf prospectus; (b) a short form prospectus; (c) a profile statement; (d) the period during which a person may be permitted to issue, offer for subscription or purchase, or make an invitation to subscribe for or purchase, securities on the basis of a shelf prospectus, as updated by a supplementary shelf prospectus, a short form prospectus or profile statement, as the case may be; (e) the form and content of a prospectus referred to in paragraph (a), (b) or (c); (f) the persons or classes of persons to which any prospectus referred to in paragraph (a), (b) or (c) may apply; or (g) the securities or classes of securities to which any prospectus referred to in paragraph (a), (b) or (c) may apply. (3) Where the Commission makes regulations under subsection (1) with respect to a shelf prospectus, a supplementary shelf prospectus, a short form prospectus or a profile statement, the provisions of this Act and any other law relating to liability in respect of statements in or omissions from prospectuses or otherwise relating to prospectuses shall apply to the shelf prospectus, supplementary shelf prospectus, short form prospectus or profile statement, as the case may be, and shall have effect accordingly.