Manner of repayment and winding up

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....) has not been granted provisional registration by the Board; or (c) having obtained provisional registration fails to comply with the provisions of regulation 71; shall wind up the existing ^1[collective investment scheme]. (2) The existing Collective Investment Scheme to be wound up under sub-regulation (1) shall send an information memorandum to the investors who have subscribed to ....

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....e] shall have to give a positive consent within one month from the date of the information memorandum to continue with the ^6[collective investment scheme]. (7) The investors who give positive consent under sub-regulation (6), shall continue with the ^7[collective investment scheme] at their risk and responsibility : Provided that if the positive consent to continue with the ^ 8[collect....