17 C.F.R. § 240.12a-8

Exemption of depositary shares

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Depositary shares (as that term is defined in § 240.12b-2) registered on Form F-6 (§ 239.36 of this chapter), but not the underlying deposited securities, shall be exempt from the operation of section 12(a) of the Act (15 U.S.C. 78l(a)).

[62 FR 39766, July 24, 1997]