730

SECRETARIAL PRACTICE
Requirements 355.—(1) In order to comply with this Part of this Act a pro-
as to prospectus. 3 ce i . en
spectus in addition to complying with the provisions of sub-para-
graphs (ii) and (iii) of paragraph (a) of subsection (1) of the last
foregoing section must—
(@) contain particulars with respect to the following matters—

(i) the objects of the company;

(ii) the instrument constituting or defining the con-
stitution of the company;

(iii) the enactments, or provisions having the force of
an enactment, by or under which the incorporation of the
company was effected ;

(iv) an address in Great Britain where the said instru-
ment, enactments or provisions, or copies thereof, and
if the same are in a foreign language a translation thereof
certified in the prescribed manner, can be inspected;

(v) the date on which and the country in which the
company was incorporated;

(vi) whether the company has established a place of
business in Great Britain, and, if so, the address of its
principal office in Great Britain:

Provided that the provisions of sub-paragraphs (i), (ii), (iii) and

(iv) of this paragraph shall not apply in the case of a pro-
spectus issued more than two years after the date at which
the company is entitled to commence business.

subject to the provisions of this section, state the matters
specified in Part I of the Fourth Schedule to this Act (other
than those specified in paragraph 1 of the said Part I) and
set out the reports specified in Part II of that Schedule
subject always to the provisions contained in Part III of
the said Schedule:

Provided that—

(i) where any prospectus is published as a newspaper
advertisement, it shall be a sufficient compliance with the
requirement that the prospectus must specify the objects
of the company if the advertisement specifies the primary
object with which the compnay was formed; and

(ii) in paragraph 3 of Part I of the said Fourth Schedule a
reference to the constitution of the company shall be
substituted for the reference to the articles ; and

(i1i) paragraph 1 of Part III of that Schedule shall have effect
as if the reference to the memorandum were omitted
therefrom.

(2) Any condition requiring or binding any applicant for shares
or debentures to waive compliance with any requirement of this
section, or purporting to affect him with notice of any contract,
document, or matter not specifically referred to in the prospectus,
shall be void.

(b)