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I-3 - Taxation Act

Section 965.6.3
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965.6.3. (Repealed).
1986, c. 15, s. 138; 1992, c. 1, s. 99; 2017, c. 29, s. 166.
965.6.3. In no case may the number of members in an investment group be increased or any of those members replaced.
Where a requirement of the first paragraph is not fulfilled, each share or non-guaranteed convertible security included in a stock savings plan under which the investment group is a beneficiary is deemed to be withdrawn from the plan immediately before the admission of a new member.
1986, c. 15, s. 138; 1992, c. 1, s. 99.
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