Page 10 - PowerPoint Presentation

Important Sections

• Section 4 – Solvency and liquidity test.

• Section 22 – Reckless trading prohibited

• Section 30 – Annual financial statements

• Section 44 – Financial assistance for subscription of

securities

• Section 45 – Loans or other financial assistance to

directors.

• Section 48 – Company or subsidiary acquiring

company’s shares

• Section 69 – Ineligibility and disqualification of persons

to be director or prescribed officer.

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