Disclosures in the draft offer document and offer document

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Full Text of the Document

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....isclosures, which are necessary for the subscribers of the municipal debt securities to take an informed investment decision. (2) Without prejudice to the generality of sub-regulation (1), the issuer and the lead manager shall ensure that the draft offer document contains the following: (a) disclosures specified in Schedule I ^2[or Schedule IB, as applicable,] and Schedule IA of these ....

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Full Text of the Document

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.... Disclosures in the offer document. (1) The offer document shall contain true, fair and material disclosures, which are necessary for the subscribers of the revenue bonds to take an informed investment decision. (2) Without prejudice to the generality of sub-regulation (1), the issuer, which is a municipality, and the lead merchant banker shall ensure that the offer document cont....