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Association of the company; associated company ( ) means (a) a subsidiary of the company; (b) a holding company of the company; or (c) a subsidiary of such a holding company; distribution recipient ( ) means, in relation to a share in respect of which a dividend or other sum is payable (a) the holder of the share; (b) if the share has 2 or more joint holders, whichever of them is named first in the register of members; or (c) if the holder is no longer.

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