RULE 20: ROUNDING OFF DIFFERENCE AND CONTINUANCE OF SUBSCRIPTION.


(1) If the total amount of any subscription or payment substituted under clauses (a) of Rule 19 is less than the amount of the minimum subscription payable to the fund under Rule 8, the difference shall be rounded off to the nearest rupee in the manner provided in sub-rule (7) of Rule 11 and paid by the subscriber as a subscription to the fund.

(2) If the subscriber withdraws any amount standing to his credit in the fund for any of the purpose specified in clause (b) of Rule 19 he shall, subject to this option under clause (a) of the rule, continue to pay to the fund the subscription payable under Rule 8.

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