National Pensions Reserve Fund Act, 2000

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Commission shall not control company.

15.—(1) The Commission shall not control any company or hold such percentage of the voting rights in any company that would require it to seek control of that company.

(2) In subsection (1) “control”, in relation to a company, means the power of a person to secure, by means of the holding of shares or the possession of voting rights in or in relation to the company or any other company, that the affairs of the first-mentioned company are conducted in accordance with the wishes of that person.