SECTION 91

Approval shall not be granted where demands made by the stock exchange control authority, or failing this, by the minister in charge of finance of the State party of the issuer’s headquarters and, where appropriate, of other States parties whosepublic is solicited, are not met, or where the operation is tampered with acts contrary to the interests of the investors of the State party of the issuer’s registered office or, where applicable, of other States partieswhose public is solicited.