12. Amendment of section 14 of the principal enactment

Section 14 of the principal enactment is hereby amended as follows: -

in subsection (1) of that section, by the substitution for the words “more than fifty per centum”, of the words “one hundred per centum”;

in subsection (2) of that section, by the substitution for the words “Any person who”, of the words and figures “Any company incorporated in terms of the Companies Act,

in subsection (3) of that section, by the substitution for the words “a person who”, of the words “a company, which”.