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    <title>Obligation before appointment as debenture trustees</title>
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    <description>A debenture trustee must enter into a written agreement with the body corporate before the opening of the subscription list for each debenture issue; the agreement must contain an undertaking by the body corporate to comply with applicable statutory and regulatory provisions in respect of allotment and until redemption, and must specify the time limit within which the security for the debentures will be created or the agreement executed in accordance with applicable company law or regulatory prescriptions.</description>
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