sec.140Acquiring and disposing of subsidiaries

### sec.140 Acquiring and disposing of subsidiaries A GOC or a GOC subsidiary may— form, or participate in the formation of, a company that will become a subsidiary; or acquire shares or participate in any other transaction that will result in a body corporate becoming or ceasing to be a subsidiary; only with the prior written approval of the shareholding Ministers. s 140 prev s 140 om 2007 No. 10 s 62 sch pres s 140 amd 1994 No. 31 s 16 sch 3 - (a) form, or participate in the formation of, a company that will become a subsidiary; or - (b) acquire shares or participate in any other transaction that will result in a body corporate becoming or ceasing to be a subsidiary;