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A covered person may hold a loan with an IESBA restricted entity (Companies Act restrictions do not apcly as lorg as the ban is obta

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A covered person may hold a loan with an IESBA restricted entity (Companies Act restrictions do not apcly as lorg as the ban is obta ned under normal lending procedures, terms and requirements and is not othermise prohicited by your mercer fim or local legislation regulation. is this statement true or false? True Fase

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