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Version status: In force | Document consolidation status: No known changes
Version date: 22 December 2022 - onwards
Version 2 of 2

21. Issue of shares to subscribers to memorandum of association of IANS

(1) The IANS shall issue one share of one euro in the share capital of the IANS to each of the subscribers to the memorandum of association of the IANS.

(2) The cost of such shares shall be advanced to the subscribers out of the Central Fund or the growing produce thereof.