52ZS
CurrentMajority voting interest in a company
Volume 2Parts IIIB to VA, sections 46 to 93ZG
Part IIIBProvisions applying to service pension, income support supplement and veteran payment
Division 11AMeans test treatment of private companies and private trusts
Subdivision AIntroduction
52ZS Majority voting interest in a company
For the purposes of this Division, an entity or entities hold a majority voting interest in a company if the entity or entities are in a position to cast, or control the casting of, more than 50% of the maximum number of votes that might be cast at a general meeting of the company.
This Act’s bill:Second reading speech
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