What happens if a S13O awardee has an AUM of S$10 million at the point of application but is unable to meet the required AUM of S$20 million by the end of the two-year grace period as stipulated in the letter of award1?
What happens if a S13O awardee has AUM of S$20 million at the point of application but the AUM subsequently falls below S$20 million, the minimum amount to be maintained annually as stipulated in the letter of award2?