CORPORATIONS ACT 2001 - SECT 50. Where a body corporate is: (a) a holding company of another body corporate; or. (b) a subsidiary of another body corporate; or. (c) a subsidiary of a holding company of another body corporate; the first-mentioned body and the other body are related to each other. BUSINESS CORPORATIONS 5 c. B-10 CHAPTER B-10 An Act respecting Business Corporations SHORT TITLE Short title 1 This Act may be cited as The Business Corporations Act. INTERPRETATION Interpretation 2(1) In this Act: (a) "affairs" means the relationships among a corporation, its affiliatesand the shareholders, directors and officersof such bodies corporate but does not Dec 20, 2019 · an operating entity that has possession of the assets, but does not own the assets (unless they are encumbered in favor of the holding entity or owner), and a holding entity that actually owns the business's assets. It's true that this multiple entity approach takes planning and expert advice.. Companies Ordinance A3205 Ord. No. 28 of 2012 Companies Ordinance Contents Section Revised : 1973 (Act 125 w.e.f. 14 December 1973) PART I PRELIMINARY ARRANGEMENT OF SECTIONS Incorporating latest amendments Act A1118/2001. Short title (Omitted) Repeals. Interpretation. Definition of subsidiary and holding company. Definition of ultimate holding company. Definition of wholly-owned subsidiary. When corporations deemed to be A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group.. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other COMPANIES ACT Revised Edition Showing the law as at 31 December 2008 This is a revised edition of the law, prepared by the Law Revision Commissioner under the authority of the Revised Edition of the Laws Act. This edition contains a consolidation of the following laws— COMPANIES ACT Act 19 of 1996 in force 1 January 1997 (S.I.62/1996) when stockholders in individual corporations transferred stocks to trustees for a share in trust itself-shared profits of combiination. Holding Company . also they violate, Sherman Anti Trust Act . Sherman Anti-Trust Act . 1890, gov't passed this act , banned limiting trade, weak, not enforced, courts generally interpreted this against the.