(1) On being informed by the supervisory authority that -
(a) a determination has been made under section 31 (3), or
(b) a court has made a ruling (other than a decision under the Companies Acts appointing an examiner or provisional liquidator),
the Company or, where applicable in the case of an investment firm which is or was a member of a compensation scheme approved of under section 25, the operator of that compensation scheme, shall -
(i) where possible, inform clients of the investment firm concerned by ordinary pre-paid post of the determination or ruling and invite applications for payments under section 34, by a date which shall not be less than five months from the date of the determination or ruling, and
(ii) publish notices in any of the newspapers circulating in the State or elsewhere or in the Iris Oifigiúil giving notice of the determination or ruling and inviting applications for payments under section 34, by a date which shall not be less than five months from the date
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