ANNEX 1:: MINOR CHANGES IN THE LAW MADE BY THE BILL Note
Section 181(3) and (7) of this Act do not specify that the company that is not yet part of the group has to be a qualifying 90% subsidiary. But an issuing company has also to comply with other requirements such as those in section 179, section 175 and section 183. This will determine whether the new subsidiary is required to be a qualifying subsidiary or a qualifying 90% subsidiary.