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CRA-15.1.20

If the digital token issuer is not able to complete the project, the appointed digital token advisor must:

(a) Immediately notify the CBB regarding the non-completion of the project by the digital token issuer and the reason behind the project not being completed; and
(b) Within 5 business days from the date of notifying the CBB, individually notify each investor about the non-completion of the project and refund the remaining proceeds under its care on a pro-rata basis to the investors based on the amount of their investment.
Added: April 2023