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Commonwealth Development Corporation Act 1999
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5A copy of a statement by the auditors that in their opinion the accounts show that if registration had taken place on the date of the accounts the amount of the Corporation’s net assets would have been not less than the aggregate of its called-up share capital and undistributable reserves assuming—
(a)that shares were allotted as required by the order under section 1(3)(b), and
(b)that the Corporation did not give notice of intention to carry on business as an investment company under section 266 of the Companies Act 1985.
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