The directors of the borrowing corporation must:

(a) At the end of a period not exceeding 3 months (being a day after the date of the issue of the relevant prospectus); and
(b) At the end of each succeeding period thereafter, being a period of 3 months or such shorter time as the trustee may, in any special circumstances allow,

prepare a report that relates to that period and complies with the requirements of Paragraph OFS-3.5.25, and within one month after the end of each such period submit a report relating to that period to the trustee with a copy being submitted to the CBB.

January 2014