Substantial ownership definition
Substantial ownership means a percentage of ownership equal to or greater than the average percentage of ownership of all the owners, or ten percent, whichever is less.
Substantial ownership means beneficial shareholding of ten percent by a person or by close relative; and
Substantial ownership means a percentage of ownership equal to or greater than
Examples of Substantial ownership in a sentence
Concerning the right of establishment, the Court of Justice provided that Member States who are party to an agreement with a third country should grant, to the permanent establishments of companies resident in another Member State, the advantages provided for by that agreement on the same conditions as those which apply to companies resident in the Member State concerned.139 Substantial ownership and effective control clauses within ASAs are an obvious case for discrimination without any justification.
More Definitions of Substantial ownership
Substantial ownership means a percentage of ownership equal to or greater than the average percentage of ownership of all stockholders or 10 percent; whichever is less.
Substantial ownership means beneficial shareholding of 20% by a person or by close relative; and
Substantial ownership means beneficial shareholding of more than 25% by a person and/or by his dependent family members, which will include his/her spouse, dependent lineal ascendants and descendants and dependent brothers and sisters. However, shareholding in or by the Government owned entities and financial institutions will not constitute substantial ownership, for the purpose of these regulations.