Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)6. Shareholder meetings |
(1) | A shareholder shall have the right to attend a meeting of the shareholders, or to appoint a representative to attend such a meeting in the place of that shareholder. |
(2) | A shareholder shall have such number of votes with regard to any matter as may be determined in the regulations. |
(3) | While the Government of the Republic is the sole shareholder of shares in the Bank any resolution signed by the representative of the Government shall be deemed to be a resolution taken at a duly constituted meeting of shareholders. |