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Article 24
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Upon the occurrence of any one of the following events, the effective registration of the shelf registration for issuing corporate bonds shall be terminated, and a public announcement of the termination shall be made within 2 days from the date of occurrence of the cause for termination:
- 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.
Prior to the termination of such shelf registration pursuant to the preceding paragraph, the issuer is not allowed to register for issuing straight corporate bonds again.
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