A subsidiary company of any of the holding companies, shall not hold shares in such holding companies. If the subsidiary company has held shares therein prior to the date on which its position as a subsidiary has been established, the subsidiary company shall dispose of such shares within a period not exceeding one year of the date its position as a subsidiary has been established and such shares shall not have a voting right during such period.
This site currently publishes a verified part of the instrument; the remaining provisions continue to exist and apply independently of their absence from this corpus. Interpretation and application must be checked against the official Arabic text and the current version.