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Showing 1 to 1 of 1 for “"Companies act 71 of 1973"”.
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Acquisition of securities : section 48 of the Companies Act 71 of 2008
The amendment of the Companies Act 61 of 1973 in 1999 by Companies Amendment Act 37 of 1999 made it possible for the first time, in South Africa, for a company to acquire its own shares and for a subsidiary to acquire shares in its holding company. The position introduced by the 1999 amendments was …