{
  "url": "https://openlegislation.uk/myanmar-sanctions-regulations-2021/schedule-1/paragraph-5",
  "json_url": "https://openlegislation.uk/myanmar-sanctions-regulations-2021/schedule-1/paragraph-5.json",
  "legislation": "uksi/2021/496",
  "legislation_title": "The Myanmar (Sanctions) Regulations 2021",
  "legislation_url": "https://openlegislation.uk/myanmar-sanctions-regulations-2021",
  "path": "schedule/1/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": "Voting rights",
  "text": "(1) A reference to the voting rights in a person is to the rights conferred on shareholders in respect of their shares (or, in the case of a person not having a share capital, on members) to vote at general meetings of the person on all or substantially all matters.\n(2) In relation to a person that does not have general meetings at which matters are decided by the exercise of voting rights—\n(a) a reference to holding voting rights in the person is to be read as a reference to holding rights in relation to the person that are equivalent to those of a person entitled to exercise voting rights in a company;\n(b) a reference to holding “more than 50% of the voting rights” in the person is to be read as a reference to holding the right under the constitution of the person to block changes to the overall policy of the person or to the terms of its constitution.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 para. 5 in force at 29.4.2021 at 2.00 p.m., see reg. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2021/496/schedule/1/paragraph/5",
    "retrieved_at": "2026-10-28T22:14:33.403717+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}