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In force2024 Revised Edition

Subsidiary Legislation

Exchanges (Demutualisation and Merger) (Value of Transferee Holding Company’s Shares) Notification 1999

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reg 1Citation

This Notification is the Exchanges (Demutualisation and Merger) (Value of Transferee Holding Company’s Shares) Notification 1999.

reg 2Value of transferee holding company’s shares

For the purposes of section 6(5) of the Act, the value of each transferee holding company’s share allotted and issued under section 6 of the Act is $5,000 per share.