Authorisations

The Federal Government is empowered to issue, by statutory instrument with the consent of the Bundesrat, the provisions required for the protection of the public and for orderly exchange trading concerning
1. the conditions for admission, in particular
a) the requirements for the issuer with regard to its legal basis, its size and the duration of its existence;
b) the requirements for the securities to be admitted with regard to their legal basis, tradeability, denomination and printing arrangements;
c) the minimum amount of the issue;
d) the requirement that the admission application extend to all shares of the same class or to all bonds of the same issue;
2. the admission procedure.