Paragraph 13
For the purposes of paragraph 12(b) “protected money” is—
(a)
money raised by the issue before that date of shares in or securities of the investing company, or
(b)
money derived from the investment of such money.
For the purposes of paragraph 12(b) “protected money” is—
money raised by the issue before that date of shares in or securities of the investing company, or
money derived from the investment of such money.