You're doing a lot of lawyering parsley. I know you would like all of what you say to be true. It ain't gonna be so until a judge says it is. My guess is you are entirely wrong. You are making the basic assumption that any cost can be called a loss just because it is a cost associated with licencing. That just won't fly in a court of law.
The purpose of the wording in the Act is for the Federal Government to underwrite losses. Plain and simple. You have to go through some incredible contortions to make it sound like the government is on the hook for licencing. Further it can be argued that licencing is required to protect the single desk marketing and therefore it is in fact a cost associated with part III.
Pack your bags and go home parsley. You are barking up the wrong tree.
The purpose of the wording in the Act is for the Federal Government to underwrite losses. Plain and simple. You have to go through some incredible contortions to make it sound like the government is on the hook for licencing. Further it can be argued that licencing is required to protect the single desk marketing and therefore it is in fact a cost associated with part III.
Pack your bags and go home parsley. You are barking up the wrong tree.
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