Upon the occurrence of any one of the following events, the effective registration of the shelf registration for issuing corporate bonds shall be terminated:
Prior to the termination of such shelf registration, the issuer is not allowed to register for issuing straight corporate bonds again.
- The issuer has the condition prescribed in paragraph 3 of the preceding article.
- The scheduled issuance period expires.
- The planned total issuance amount has been fully issued.
- The FSC deems revocation of the shelf registration to be necessary to protect the public interest.