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New crowd funding laws to give 'greater choice'

Sat, 23 Apr 2016


New crowd funding legislation will provide greater choice to SMEs, lenders and investors: 
 
It's a popular method of raising money from a large number of people to finance new projects and businesses. 
 
The public helped inform the move - which exempts people undertaking the practice from the Moneylenders At 1991.
 
Treasury Minister Eddie Teare moved four changes to the law following two public consultations in Tynwald last week:

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  • Eddie Teare MHK

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