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Can investors with 5% or less of voting equity shares elect to be subject to the statement of policy in order to meet the 1/3 test?

April 26, 2017equity investors policy Shares Subject voting

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Can investors with 5% or less of voting equity shares elect to be subject to the statement of policy in order to meet the 1/3 test?

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Yes, investors with 5% or less of voting equity shares and therefore not subject to the statement of policy may elect to be subject themselves to the Statement of Policy in order to contribute towards meeting the 1/3 anchor investment.