https://www.taxtmi.com/acts?id=46050 The amendment substitutes clause (18)(b) to treat a company as not private where either its shares were listed on a recognised stock exchange on the last day of the relevant previous year, or where a substantial portion of voting power was beneficially held throughout the year by government, public corporations, qualifying companies or the public, with those shares freely transferable and the company not controlled by five or fewer persons; aggregation and sector-specific voting threshold adjustments are provided. en-us Wed, 11 Dec 2024 17:42:43 +0530 Wed, 11 Dec 2024 17:42:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46050 The amendment substitutes clause (18)(b) to treat a company as not private where either its shares were listed on a recognised stock exchange on the last day of the relevant previous year, or where a substantial portion of voting power was beneficially held throughout the year by government, public corporations, qualifying companies or the public, with those shares freely transferable and the company not controlled by five or fewer persons; aggregation and sector-specific voting threshold adjustments are provided. Act-Rules F. Acts / Amendment Acts Wed, 11 Dec 2024 17:42:43 +0530 https://www.taxtmi.com/acts?id=46050