Cap. 345 Art. 15Listing.

(1) An application for the approval of a prospectus and, or the admissibility to listing of securities on a local regulated market shall be made to the competent authority in such a manner as may be required by Capital Markets Rules.

(2) The competent authority shall not approve a prospectus or the admissibility to listing of securities on a local regulated market unless it is satisfied that:

(a) the requirements of any applicable provision of the Prospectus Regulation, this Act or any regulations or Capital Markets Rules issued thereunder; and

(b) any other requirements imposed by the competent authority, are complied with.

(3) An application for the approval of a prospectus and, or the admissibility to listing of securities on a local regulated market shall be refused if the competent authority considers that granting it would be detrimental to the public interest.