(z.23) establishing requirements for and procedures in respect of the use of an electronic or computer-based system for the filing, delivery or deposit of documents or information; (z.24) providing for electronic signatures for the signing of documents and prescribing the circumstances in which persons or companies shall be deemed to have signed or certified documents on an electronic or computer-based system for any purpose of this Act, the regulations or the rules; (z.25) regulating scholarship plans and the distribution and trading of the securities of scholarship plans; (z.26) specifying the conditions under which any particular t ...[+++]ype of trade that would not otherwise be a distribution shall be a distribution;

(iv) requirements in respect of pricing of distributions of securities after the issuance of a receipt for the prospectus filed in relation thereto, (v) procedures for the issuing of receipts for prospectuses after expedited or selective review thereof, (vi) provisions for the incorporation by reference of certain documents in a prospectus and the effect, including from a liability and evidentiary perspective, of modifying or superseding statements, (vii) requirements for the form of a prospectus certificate, including providing for alternative forms in circumstances other than those referred to in subsection 78(2) of this Act, (viii) pr ...[+++]ovisions for eligibility requirements to obtain a receipt for, or distribute under, a particular form of prospectus and the loss of that eligibility, and (ix) provisions for varying withdrawal rights;

The holding of such ancillary liquid assets may be justified, inter alia, in order to cover current or exceptional payments; in the case of sales, for the time necessary to reinvest in transferable securities, money market instruments or in other financial assets provided for in this Directive; or for a period of time strictly necessary when, because of unfavourable market conditions, the investment in transferable securities, money market instruments and in other financial assets is suspended.

BG: the specific commitments in respect of mode (4) on financial services are as well subject to the general limitations contained in the "all sectors" section.5.The admission to the market of new financial services or products may be subject to the existence of, and consistency with, a regulatory framework aimed at achieving the objectives indicated in Article 121.6.As a general rule and in a non discriminatory manner, financial institutions incorporated in a Member State of the Community must adopt a specific legal form.7.BG: insurance or banking activities, as well as securities trading and activities related thereto, are to be carrie ...[+++]d out separately by companies that are licensed for the supply of such services.8.HU: insurance, banking, securities and collective investment management services should be performed by legally separate and independently capitalised suppliers of financial services, although banks may be authorised to provide services in the securities field as well.9.HU: it is intended to bind direct branching once it is bound in the GATS, and under the conditions set therein.10.HU: the board of a financial institution should include at least two members, who are Hungarian citizens, residents in the meaning of the relevant foreign exchange regulations and have permanent residency in Hungary for at least one year.

(d) "offer of securities to the public" means a communication to persons in any form and by any means, presenting sufficient information on the terms of the offer and the securities to be offered, so as to enable an investor to decide to purchase or subscribe to these securities. This definition shall also be applicable to the placing of securities through financial intermediaries;

The holding of such ancillary liquid assets may be justified, for example, in the following cases: in order to cover current or exceptional payments; in the case of sales, for the time necessary to reinvest in transferable securities, money market instruments and/or in other financial assets provided for in this Directive; for a period of time strictly necessary when, because of unfavourable market conditions, the investment in transferable securities, money market instruments and in other financial assets must be suspended.