17AO
CurrentCancellation of a syndicate or syndicate shares
17AO Cancellation of a syndicate or syndicate shares
(1)
A syndicate may only be cancelled if all syndicate shares are available for sale.
(2)
A syndicate share may only be cancelled at the place where the share was sold.
(3)
To remove any doubt, it is declared that a syndicate share that is sold but later cancelled, is a share that is for sale.
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