Practice question
A foreign investor proposes exactly 50% ownership of a critical-infrastructure operator. Counsel says that Section 25's more-than-50% rule necessarily requires reciprocity at exactly 50%. Evaluate only that threshold claim.
Legal references
- RA 11659, Section 25; https://lawphil.net/statutes/repacts/ra2022/ra_11659_2022.html
- 2023 IRR of RA 11659, Section 45; https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/97017
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