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The Water (Target Investment Limit) Order 1990
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- 1990 No. 1083
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
This Order fixes target investment limits for the Government shareholding in the privatised water companies. The limits are expressed as a proportion of voting rights exercisable in all circumstances at general meetings of the companies. The Government shareholding must normally be kept within these limits.
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