The following shall not constitute a public offering within the meaning of article 83 hereinafter, the offer on securities:
a) whose total amount in the States parties is less than fifty million (50,000,000) CFA francs, such amount being calculated over a period of twelve (12) months;
b) or an offering which targets qualified investors trading for own account, or less than one hundred (100) individuals or legal entities trading for own account, other than qualified investors by regional stock exchanges of State parties or, for State parties which are not members of such a market, by a State party.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 27
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 81-1 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/2014-01-30/auscgie-2014