Notwithstanding the provisions of Article [143] hereof, the Federal or Local Government may, if it holds [5%] or more of the capital of the Company, appoint representatives in the board of directors at the same ratio of the number of directors, or at least one Director if the ratio required to appoint the Director exceeds the above-mentioned ratio. The Government shall waive its voting rights for the ratio of directors in respect of which the appointment is made. If the Government holds any remaining ratio that does not make it eligible for appointing any other Director, the Government may use such ratio for voting.
Interpretation and application must be checked against the official text and current version.