20RConstitution of subsidiaries

#### 20R Constitution of subsidiaries 20R Constitution of subsidiaries > > (1) The Ministers who are the voting shareholders of a statutory SOC are responsible for ensuring that the constitution of every subsidiary of the SOC at all times contains provisions to the effect of those required by Schedule 7. > > > (2) The constitution may contain other provisions, so long as they are not inconsistent with the provisions referred to in subsection (1) or any other provisions of this Act. > > > (3) This section does not apply to the extent provided in resolutions of both Houses of Parliament. > > **s 20R:** Ins 1995 No 32, Sch 1 \[13\].