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Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)

6. Shareholder meetings

 

(1) A shareholder shall have the right to attend a meeting of the shareholders, or to appoint a representative to attend such a meeting in the place of that shareholder.

 

(2) A shareholder shall have such number of votes with regard to any matter as may be determined in the regulations.

 

(3) While the Government of the Republic is the sole shareholder of shares in the Bank any resolution signed by the representative of the Government shall be deemed to be a resolution taken at a duly constituted meeting of shareholders.