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Minimum subscription

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..... Minimum subscription 86. (1) The minimum subscription to be received in the issue shall be at least ninety per cent. of the offer through the offer document. 1 [ Provided that minimum subsc .....

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..... (2) In the event of non-receipt of minimum subscription referred to in sub-regulation (1), all application monies received shall be refunded to the applicants forthwith, but not later than 2 [ fou .....

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