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bruneilawsby aturio
In force2021 Revised Edition
Contents

Part · Share Capital and Debentures Prospectus

63A. Substantial shareholdings and substantial shareholders

(1)

For the purposes of this Act, a person has a substantial shareholding in a company if -

(a)

he has an interest or interests in one or more voting shares in the company; and

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Companies

(b)

the total votes attached to that share, or those shares, is not less than 5 per cent of the total votes attached to all the voting shares in the company.

(2)

For the purposes of this Act, a person has a substantial shareholding in a company, being a company the share capital of which is divided into two or more classes of shares, if -

(a)

he has an interest or interests in one or more voting shares included in one of those classes; and

(b)

the total votes attached to that share, or those shares, is not less than 5 per cent of the total votes attached to all the voting shares included in that class.

(3)

For the purposes of this Act, a person who has a substantial shareholding in a company is a substantial shareholder in that company.

(4)

In this section "voting shares" exclude treasury shares.

Read on from s 63B

Part 3

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Part

Management and Administration Registered Office and Name

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Part 5

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Part 6

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Part 7

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Part 8

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Part 9

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Part

Restrictions on Sale of Shares and Offers of Shares for Sale

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Part

Prohibition of Partnerships with More Than Twenty Members

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Part

Enforcement and General Provisions

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Schedules