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Local government: Municipal systems amendment bill (B 49A-2003)

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1. On page 2, after line 10, to insert:
(b) the insertion after the definition of "district municipality" of the following definition:
" 'effective control', in relation to a private company, means the power which a shareholder in the private company may have -
(a) to appoint or remove at least the majority of the board of directors of the private company; or to control at least the majority of the voting rights at a general meeting of the private company;":

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