104B
In forceMeaning of change in control
Part IVAChange in control of corporation holding permit or licence
104B Meaning of change in control
For this Part, a change in control of a corporation occurs when a person, or a group of related persons, becomes able to exercise, or to control (directly or indirectly) the exercise of, a majority of the votes exercisable at meetings of the directors or shareholders of the corporation.
This Act’s bill:Second reading speech
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