Page 64 - Q&A
P. 64
The proposed amendments are clearly aimed at closing what the Receiver
perceives to be a loophole in section 7C and as such it can be expected that
the Receiver will challenge structures that fall foul of the amended section 7C
should it be passed.
Should you have a preference share structure, it would be advisable to have
such reviewed timeously by your attorney.
Commercial
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