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Bill No. 161
Family Business Bill Back to List

Twelfth Legislature (2013 - 2017)

Objects and Reasons

The objects and reasons of this Bill are to provide a legal framework to assist and facilitate family businesses to prepare themselves for transferring the business from one generation to the next by providing benefits including governance and incentives for the better management and organisation within the family and the business.

Motion No. 350 - Family Business Bill

Act No. XLVIII of 2016 - Family Business Act


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