Full legislation
s.44A
Applications for, and allotment of, shares and debentures
No allotment shall be made of any shares in or debentures
of a company in pursuance of a prospectus issued generally and no proceedings
shall be taken on applications made in pursuance of a prospectus so issued,
until the beginning of the 3rd day after that on which the prospectus is first
so issued or such later time (if any) as may be specified in the
prospectus.
The beginning of the said 3rd day or such later time as
aforesaid is hereafter in this Ordinance referred to as
the time of the
opening of the subscription lists
.