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Place the butter, golden syrup, water, sugar, cocoa and baking soda in a bowl and microwave on HIGH for 3 minutes.
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Stir and leave to stand for 6 minutes.
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Add the flour, baking powder and egg.
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Blend for about 30 seconds or until mixture is smooth.
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The consistency should be like that of batter.
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Pour mixture into a ring mould lined with plastic wrap.
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'Tap'on the bench to expel any air.
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Microwave on HIGH for 5 minutes.
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Leave to stand for 10 minutes before tipping out.
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CARAMEL FILLING: Empty 1 tin of sweetened condensed milk into bowl and microwave for 6 minutes- stirring well every minute until the mixture forms a golden caramel.
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When the cake is cool, slice in half (an electric knife comes in very handy here!), and spread liberally with the caramel.
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Sift icing sugar (confectioners' sugar) over the top.
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If preferred ice with'CHOCOLATE GANACHE'!
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Break 250g of dark chocolate into small pieces and place in a bowl with 1/3 cup cream.
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Cook on MED for 1 minute only.
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Stir until smooth.
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DO NOT OVERHEAT.