Contingency Fees Act, 1997
R 385.00
Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)RegulationsRegulations made under Section 17Transfer and transmission of shares39. Rights of institution if entitled to a share by reason of insolvency |
An institution entitled to a share by reason of the insolvency of the holder, shall be entitled to the same dividends and/or other advantages to which it would be entitled if it were the registered holder of the share, except that it shall not, before being registered as a member in respect of the share, be entitled in respect of it to exercise any right conferred by membership in relation to meetings of institutional shareholders or of the Bank.
