Section 111 Investments and Securities Act

Section 111 of the Investments and Securities Act 2025 is about Interpretation as to prospectus. It is under Part IX (Regulation of Securities) of the Act. It provides as follows:

For the purposes of the provisions of this Act, a statement —
(a) included in a prospectus shall be deemed to be untrue if it is misleading in the form and context in which it is included; and

(b) shall be deemed to be included in a prospectus if it is contained in the prospectus or in any report or memorandum appearing on the face of it or by reference incorporated or issued with it.