Intellectual Property Rights from Publicly Financed Research and
R 385
historically disadvantaged person
means -
| a) | any person, category of persons or community, disadvantaged by unfair discrimination before the Constitution took effect; |
| b) | any association, a majority of whose members are persons contemplated in paragraph (a); |
| c) | a juristic person, other than an association, which- |
| i) | is managed and controlled by a person contemplated in paragraph (a) and that the persons collectively or as a group own and control a majority of the issued capital or members’ interest, and are able to control a majority of the members’ votes; or |
| ii) | is a subsidiary, as defined in section 1(e) of the Companies Act, 1973, as a juristic person who is a historically disadvantaged person by virtue of the provisions of paragraph (c)(i); |
