GEN 2.3.3
A
(a) such Shares carry at least 50% of the voting rights or the acquisition will take an existing holding to at least 50%; or
(b) the object of the transaction may reasonably be regarded as being the acquisition of day to day control of the Body Corporate ; and
(c) he is to enter as principal into the transaction.
Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]
Amended in accordance with Notice of Amendments to Legislation April 2011 [VER27/02-11]
[Amended] DFSA RM155/2015 (Made 9th December 2015) [VER35/02-16]
[Amended] DFSA RM184/2016 (Made 7th December 2016). [VER38/02-17]
Amended in accordance with Notice of Amendments to Legislation April 2011 [VER27/02-11]
[Amended] DFSA RM155/2015 (Made 9th December 2015) [VER35/02-16]
[Amended] DFSA RM184/2016 (Made 7th December 2016). [VER38/02-17]