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MAORI FISHERIES ACT 2004 - SECT 66
Voting shares
1 On the appointed day, Aotearoa Fisheries Limited must
have 125 000 voting shares, all of which it must issue to
Te Ohu Kai Moana Trustee Limited, unless it has already done so.
2
Te Ohu Kai Moana Trustee Limited must retain control of all the voting shares
in Aotearoa Fisheries Limited.
3 However, if a resolution that is supported
under section 127(3) requires the transfer or issue of voting shares to
mandated iwi organisations, that requirement must be implemented in accordance
with the resolution.
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