Transitional provisions on the repeal of the Sales Prospectus Act

For claims for defective prospectuses that do not form the basis for the admission of securities to trading on a domestic stock exchange and that were published domestically before 1 June 2012, the Sales Prospectus Act and sections 44 to 47 of the Stock Exchange Act, each as in force until 31 May 2012, continue to apply. Where prospectuses were not published contrary to section 3(1), first sentence, as in force until 20 July 2019, the Sales Prospectus Act as in force until 31 May 2012 continues to apply to claims resulting from that failure that arose by the expiry of 31 May 2012.