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Subsidiary Legislation · 2024 Revised Edition
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.