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This excerpt taken from the LUX 20-F filed Jun 28, 2006. Subsidiary means in relation to any
company or corporation, a company or corporation:
(a) which is controlled, directly or indirectly, by the first mentioned company or corporation;(b) more than half the issued share capital of which is beneficially owned, directly or indirectly by the first mentioned company or corporation; or(c) which is a Subsidiary of another Subsidiary of the first mentioned company or corporation,and for this purpose, a company or corporation shall be treated as being controlled by another if that other company or corporation is able to direct its affairs and/or to control the composition of its board of directors or equivalent body. |
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