Status: You are viewing the version of the handbook as on 2009-03-31.

sponsor service

    a service relating to a matter referred to in LR 8.2 that a sponsor provides or is requested or appointed to provideand that is for the purpose of the sponsor complying with LR 8.3.1 R or LR 8.4. This definition includes preparatory work that a sponsor may undertake before a decision is taken as to whether or not it will act as sponsor for a company or in relation to a transaction. But nothing in this definition is to be taken as requiring a sponsor to agree to act as a sponsor for a company or in relation to a transaction.73