Principal's rights where the list of securities is not sent

(1) Where the commission agent, without being entitled to do so under sections 19 to 24, fails to send the list of securities, and does not remedy the omission within three days of a demand made to it by the principal after expiry of the period for sending the list of securities, the principal is entitled to reject the transaction as not concluded for its account and to claim damages for non-performance. This does not apply where the omission is due to a circumstance for which the commission agent is not responsible.
(2) The principal's demand loses its effect where the principal does not declare to the commission agent, within three days after expiry of the period for remedying the omission, that it wishes to exercise the right named in paragraph 1.