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P-44.1, r. 2 - Regulation respecting the legal publicity of enterprises
Section 7
Disposition versions
7. For the purposes of subparagraph 2.1 of the second paragraph of section 33 of the Act, a registrant must declare the percentage of voting rights that an ultimate beneficiary may exercise based on the number of shares or units of the registrant that the ultimate beneficiary holds or controls or of which the ultimate beneficiary is the beneficiary, using the following ranges:
(1) 25% to 50%;
(2) over 50% to 75%;
(3) over 75%.
The same applies to the declaration of the fair market value of the number of shares or units of the registrant that an ultimate beneficiary holds or controls or of which the ultimate beneficiary is the beneficiary.
In force: 2023-03-31
7. For the purposes of subparagraph 2.1 of the second paragraph of section 33 of the Act, a registrant must declare the percentage of voting rights that an ultimate beneficiary may exercise based on the number of shares or units of the registrant that the ultimate beneficiary holds or controls or of which the ultimate beneficiary is the beneficiary, using the following ranges:
(1) 25% to 50%;
(2) over 50% to 75%;
(3) over 75%.
The same applies to the declaration of the fair market value of the number of shares or units of the registrant that an ultimate beneficiary holds or controls or of which the ultimate beneficiary is the beneficiary.
