H. Loans to the Board or Staff
| 1. | VASPs shall notify VARA and obtain approval prior to making any loan to a member of the Board, Senior Management or Responsible Individual. | |||
| 2. | When making such notification, VASPs shall include full details of— |
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| a. | the name of the member of the Board, Senior Management or Responsible Individual receiving the loan; | |||
| b. | the amount of the loan; and | |||
| c. | the purpose of the loan. |
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