MKT 5.1.7

Where a Sponsor becomes aware of a failure by the Person making the Prospectus Offer to comply with its obligations under the FSMR and these Rules, the Sponsor must without undue delay:

(1) notify the Person making the Prospectus Offer of the failure and take reasonable steps to ensure it rectifies the failure within a reasonable time; and
(2) if the Person making the Prospectus Offer does not or is unable to rectify the failure as soon as practicable notify the Regulator of that fact.