Share block scheme definition

Share block scheme means any scheme in terms of which a share, in any manner whatsoever, confers a right to or an interest in the use of immovable property;
Share block scheme means a share block scheme as defined in the Share Blocks Control Act;
Share block scheme means a share block scheme regulated by the Share Blocks Control Act, No.59 of 1980, as amended;

More Definitions of Share block scheme

Share block scheme means a Scheme as defined in the Share Blocks Control Act No.59 of 1980;
Share block scheme means a share block scheme referred to in section 1 of the Share Blocks Control Act, 1980(Act No. 59 of 1980);
Share block scheme means any Share Block scheme established in terms of the Share Blocks Act on any portion or Erf.
Share block scheme means any scheme in terms of which a share, in any manner whatsoever, confers a right to or an interest in the use of immovable property in accordance with Act 59/1980 and Act 75/1983;
Share block scheme means any Share Block scheme established in terms of the Share Blocks Act on any portion or Erf.

Related to Share block scheme

  • Newco Scheme means a scheme of arrangement or analogous proceeding (a “Scheme of Arrangement”) which effects the interposition of a limited liability company or trust (“Newco”) between the Shareholders of the Issuer immediately prior to the Scheme of Arrangement (the “Existing Shareholders”) and the Issuer; provided that: