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Refusal to grant certificate.

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..... asons for forming such an opinion and give the applicant an opportunity to explain why 1[its] application should be accepted, within fifteen days of the receipt of the communication from the Board, to enable it to form a final opinion. (2) The communication under sub-regulation (1) shall be made to the applicant within 2[thirty days] of receipt of the application, excluding the time given by the .....

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