53.1. Where a material change occurs in relation to the information presented in the offering memorandum referred to in section 47, 48.1 or 53, an amendment to the offering memorandum must be made.
The amendment shall be submitted for approval to the Commission, which must make a decision within two working days after receipt. If approval is refused, the distribution shall cease. If the amendment is approved, the offering memorandum may not be sent unless accompanied with the amendment.