Article 20 - Return as to allotments

When an Investment Club makes an allotment of its Shares, the Investment Club shall within 30 days thereafter deliver to the CRO for registration a return of the allotments in the Prescribed Form stating the number and nominal amount of the Shares comprised in the allotment, the Names and Addresses of the allottees, and the amount paid for each Share, and, in the event that any Shares are allotted for a consideration other than cash, a statement of the consideration for which they have been so allotted.

Derived (as from 20th December 2016).