Acts Online
GT Shield

Share Blocks Control Act 1980 (Act No. 59 of 1980)

10. Rights attaching to shares of share block company


Any share of a company which after the commencement of this Act

(a) brings a share block scheme into operation, shall confer the same vote as every other share of the company; or
(b) operates a share block scheme, shall confer a right to or an interest in the use of immovable property.