Effect of refusal to grant certificate.

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..... of refusal to grant certificate. 10. (1) Any applicant whose application has been rejected under regulation 9 shall not carry on any activity as a venture capital fund. (2) Any company or trust 1[or .....

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..... regard to the transfer of records, documents or securities or disposal of investments relating to its activities as a venture capital fund. (4) The Board may in order to protect the interests of the .....

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