Pre-merger notification interpretation guideline number 9 : shareholder agreements. : Iu54-35/9-2011E-PDF

"Arrangements between parties to a shareholder agreement regarding the number of votes to be cast for the election of directors will not alter the basis for determining whether a person controls a corporation for purposes of paragraph 2(4)(a) of the Act and, hence, whether two corporations are affiliated under subsection 2(2) of the Act. Accordingly, when interpreting "control" in paragraph 2(4)(a) in the context of a shareholder agreement, it is the number of voting shares owned by each shareholder which is relevant, not the number of votes for the election of directors which each shareholder will exercise pursuant to the shareholder agreement"--Policy, p. 3.

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publications.gc.ca/pub?id=9.694681&sl=1

Renseignements sur la publication
Ministère/Organisme Canada. Industry Canada.
Canada. Competition Bureau.
Titre Pre-merger notification interpretation guideline number 9 : shareholder agreements.
Variante du titre Shareholder agreements
Type de publication Monographie
Langue [Anglais]
Autres langues publiées [Français]
Format Électronique
Document électronique
Note(s) "2011-06-20."
Title from cover.
Issued also in HTML format.
The copy has been replaced on Aug. 1, 2018 as requested by the issuing department.
"This publication replaces the following Competition Bureau publication: Enforcement Guidelines — Notifiable Transactions under Part IX of the Competition Act — Interpretation Guidelines, April 25, 2000."
Issued also in French under title: Avis d'interprétation no 9 sur les préavis de fusion : conventions d'actionnaires.
Includes bibliographical references.
Information sur la publication Gatineau, QC : Competition Bureau, 2011.
Description 4 p.
ISBN 978-1-100-18854-6
Numéro de catalogue
  • Iu54-35/9-2011E-PDF
Numéro de catalogue du ministère 60919
Descripteurs Mergers
Shares
Legislation
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