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    <description>Regulation 17 requires the placement memorandum or subscription agreement for venture capital funds to disclose trustees or trustee company and directors or chief executives; the proposed fund corpus and minimum subscription thresholds with refund provisions; entitlements attached to units; tax implications; manner of subscription; fund maturity and winding up procedures; distribution of benefits to unit-holders; details of any fund manager or asset management company and fees; fund performance information; investment strategy; and any other information specified by the Board.</description>
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