Section 32. Restriction on holding of shares. (TRUST COMPANIES ACT 1949 (REVISED - 1973)

ACT 100
TRUST COMPANIES ACT 1949 (REVISED - 1973)

GENERAL

Section 32. Restriction on holding of shares.

No member of a trust company shall at any time hold, or have any interest in shares in the capital of the company to an amount exceeding one-fifth of the issued capital of the company for the time being.