Transitional provisions

(1) Where prospectuses on the basis of which securities were admitted to exchange trading with official listing, or corporate reports, were published before 1 April 1998, the provisions of sections 45 to 49 and 77 of the Stock Exchange Act in the version promulgated on 17 July 1996 (Federal Law Gazette I, p. 1030) continue to apply to those prospectuses and corporate reports.
(2) Where prospectuses on the basis of which securities were admitted to exchange trading in the official market, or corporate reports, were published before 1 July 2002, the provision of section 47 of the Stock Exchange Act in the version promulgated on 9 September 1998 (Federal Law Gazette I, p. 2682), as last amended by Article 35 of the Act of 27 April 2002 (Federal Law Gazette I, p. 1467), continues to apply to those prospectuses and corporate reports.
(3) Where prospectuses on the basis of which securities were admitted to trading in the official market were published before 1 July 2005, the provision of section 45 of this Act in the version applicable before 1 July 2005 continues to apply to those prospectuses. Sections 44 to 47 and 55 of the Stock Exchange Act in the version applicable before 1 July 2005 continue to apply to corporate reports published before 1 July 2005.
(4) For securities with no fixed term that were introduced at a domestic exchange for less than ten years as at 1 July 2002, section 5(1), first sentence of the Stock Exchange Act in the version promulgated on 9 September 1998 (Federal Law Gazette I, p. 2682), as last amended by Article 35 of the Act of 27 April 2002 (Federal Law Gazette I, p. 1467), applies. Section 17(1), no. 5 applies to the securities named in the first sentence only once ten years have elapsed since their introduction.
(5) Exchange operators to which a licence was granted before 1 November 2007 under section 1(1) of the Stock Exchange Act in the version applicable up to and including 31 October 2007 do not require a licence under section 4 in that regard. They must, however, submit to the exchange supervisory authority the documents required under section 4(2), second sentence by 30 April 2009. The powers of the exchange supervisory authority under section 4 apply accordingly with regard to licences granted before 1 November 2007.
(6) Exchange operators that had already commenced the operation of an open market before 1 November 2007 are obliged to submit subsequently, by 30 April 2009, the application for the grant of a licence under section 48(3), first sentence.
(7) Securities that were admitted to the official market or to the regulated market before 1 November 2007 are deemed, from 1 November 2007, to be admitted to the regulated market.
(8) For claims on account of defective prospectuses that form the basis for the admission of securities to trading at a domestic exchange and that were published domestically before 1 June 2012, sections 44 to 47 in the version applicable up to and including 31 May 2012 continue to apply.
(9) To applications for revocation of admission of securities within the meaning of section 2(2) of the Securities Acquisition and Takeover Act to trading in the regulated market, submitted after 7 September 2015 and before 26 November 2015 and not yet finally or unappealably decided as at 26 November 2015, section 39(2) to (6) in the version applicable from 26 November 2015 applies, with the proviso that, by way of derogation from section 39(2), third sentence, no. 1 in the version applicable from 26 November 2015, an acquisition offer may also be published after the application is submitted.
(10) Section 32(3), no. 2 in the version applicable up to and including 20 July 2019 continues to apply in the case of a prospectus approved under the Securities Prospectus Act in the version applicable up to and including 20 July 2019, for as long as that prospectus remains valid, and in the case that admission was applied for before 21 July 2019 and, at that time, publication of a prospectus could be dispensed with under section 1(2) or section 4(2) of the Securities Prospectus Act in the version applicable up to and including 20 July 2019.
(11) Section 48a(1), first sentence, no. 3 in the version applicable up to and including 20 July 2019 continues to apply in the case of a prospectus approved under the Securities Prospectus Act in the version applicable up to and including 20 July 2019, for as long as that prospectus remains valid.