37.08
If an issuer does not meet the eligibility criteria above it is eligible for a listing of guaranteed debt securities if: |
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(a) | it is a body corporate that is validly incorporated or established; and |
(b) | it is wholly owned by a State, a Supranational or by a body corporate that meets the eligibility criteria above; and |
(c) | its owner guarantees its obligations; and |
(d) | it and its owner agree to comply with the Listing Rules. |