tailieunhanh - Advertising Guidelines Applicable to Collective Investment Schemes Authorized under the Product Codes

Franchise bidders will of course develop and submit their own plans and ideas in their bids, and if these offer better value for money than the assumptions in the Rolling Stock Strategy, this will put them in a good position to win franchises. Open access operators are also a further source of supply and demand for rolling stock. The principles for the strategy are set out in Appendix 4 to indicate the direction that we believe needs to be taken and we are intending to develop and refine them further with a view to preparing an initial. | Securities and Futures Commission Advertising Guidelines Applicable to Collective Investment Schemes Authorized under the Product Codes Hong Kong July 2008 Published by Securities Futures Commission 8th Floor Chater House 8 Connaught Road Central Hong Kong Tel 2840 9222 Fax 2521 7836 Explanatory Notes These Guidelines shall become effective on 1 August 2008 the Effective Date . Advertisement issuers may continue to follow the advertising guidelines included in the respective Product Codes that are in effect prior to the Effective Date until 31 December 2008 but shall adopt and comply with these Guidelines starting from 1 January 2009. Advertising Guidelines Applicable to Collective Investment Schemes Authorized under the Product Codes DEFINITIONS Unless otherwise defined words and expressions used in this set of Advertising Guidelines are as defined in the Securities and Futures Ordinance Cap 571 the SFO and the following codes as appropriate a Code on Unit Trusts and Mutual Funds UT Code b Code on Investment-Linked Assurance Schemes ILAS Code c Code on Pooled Retirement Funds PRF Code d SFC Code on MPF Products MPF Code collectively the Product Codes APPLICATION OF THE ADVERTISING GUIDELINES This set of Advertising Guidelines is applicable to collective investment schemes authorized by the Commission under any of the Product Codes schemes . Issuers of advertisements for a scheme including for the avoidance of doubt licensed and registered persons acting as distributors of the scheme whether the advertisements are authorized by the Commission pursuant to section 105 of the SFO or the advertisements fall within any exemption from authorization under the SFO are required to follow the guidelines as set out below. Issuers are responsible for the contents of their scheme advertisements and the monitoring of their publication distribution. Under no circumstances may an issuer disclaim its liabilities in respect of the accuracy of the contents of its advertisements. .