The <supportedRuntime> element should be used by all applications built using version 1.1 or later of the runtime. Applications built to support only version 1.0 of the runtime must use the <requiredRuntime> element.
The version attribute string must match the installation folder name for the specified version of the .NET Framework. This string is not interpreted. If the runtime startup code does not find a matching folder, the runtime is not loaded; the startup code shows an error message and quits.
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The startup code for an application hosted in Microsoft Internet Explorer ignores the
<requiredRuntime> element.
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