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Section 29

Definitions

(1) Takeover offers are offers directed at the acquisition of control.
(2) Control is the holding of at least 30 per cent of the voting rights in the target company from shares of the target company belonging to the offeror or voting rights in the target company attributed to the offeror under section 30. Voting rights from shares belonging to a collective investment scheme managed by a capital management company, that is not a special collective investment scheme and whose assets are co-owned by the investors, are, for the purposes of the first sentence, deemed voting rights of the capital management company.

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