CTHRepealedAct
Management and Investment Companies Act 1983
32Prescribed interests in an eligible business entity
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32 Prescribed interests in an eligible business entity
A licensee may hold prescribed interests in a particular eligible business entity not exceeding in the aggregate an amount equal to 20% of whichever amount is the greater of: (a) the approved capital of the licensee; or (b) the shareholders’ funds of the licensee.