Western Australian Current Regulations Western Australian Current Regulations (1) The minimum number
of shares that may be made available in a syndicate is 5.
(2) The maximum number
of shares that may be made available in a syndicate is 500.
(3) The minimum and
maximum costs of entry for a syndicate are set out in Schedule 2.
(4) The cost of a
share in a particular syndicate is calculated by a method determined by the
Commission that includes truncation to the nearest cent for the subscription
component and agent commission component, followed by rounding down, where
necessary, to the nearest sum containing a 5 cent multiple.