OFS-3.12 OFS-3.12 Role and Responsibilities of Other Experts or Advisors
Where an offer of
securitiesis made in or accompanied by a prospectusor offering documentwhich includes a statement purporting to be made by, or based on a statement made by an expert, the prospectusor offering documentmust not be issued unless:(a) The expert has given and has not before the registration of the prospectusor offering document, as the case may be, withdrawn his written consent to the issue thereof with the statement included in the form and context in which it is included; and(b) There appears in the prospectusor offering document, as the case may be, a statement that the expert has given and has not withdrawn his consent.
Every person making the offer must cause a true copy of every written consent referred to under Paragraph OFS-3.12.1 to be deposited within a maximum 7 calendar days after the registration of the
offering documentat the registered office of the issuerin Bahrain or, if the issuerhas no registered office in Bahrain, at the address in Bahrain specified in the offering documentfor that purpose.
The CBB may require a declaration from any appointed expert as per their role and responsibility in the preparation of any
offering documentas per Article 85 of the CBB Law.