Person producing the Prospectus must, subject to (2), ensure that the Summary is at or near the beginning of the Prospectus and sets out in a clear, concise and easy to understand manner:
(a) statements that:
Summary should be read as an introduction to the Prospectus and any decision to invest in the Securities should be based on consideration of the Prospectus as a whole; and
(ii) civil liability may arise on the basis of the
Summary but only if the Summary is misleading, inaccurate or inconsistent, when read in conjunction with the other parts of the Prospectus, or fails to provide the Key Information specified in (b); and
Key Information relating to:
(i) the risks associated with and essential characteristics of the
Issuer, and guarantor if any, of the Securities, including their assets, liabilities and financial position;
(ii) the risks associated with and essential characteristics of the relevant Securities including rights attaching to those
(iii) general terms of the offer, including estimated expenses charged to the investor;
(iv) whether the
Securities are to be admitted to trading and if so, the details relating to such admission;
(v) reasons for the offer and the proposed use of the proceeds; and
(vi) if applicable, matters specified in Rule 2.5.5.
Prospectus is not required to contain a Summary if it relates to a Debenture or a Warrant or Certificate over a Debenture that has a denomination of at least US$100,000 and the Prospectus is for the purposes of such Securities being admitted to trading on an Authorised Market Institution.