After the two banking companies have passed the necessary resolution proposing the amalgamation of one bank with another bank, in their general meetings, by a majority in number representing two-thirds in value of the shareholding of each of the two banking companies, such resolution containing the scheme of amalgamation is submitted to the Reserve Bank for its sanction.
Section 27(1) (b) of the Constitution states that everyone has the right to have access to sufficient water, while Section 27(2) requires the State to take reasonable legislative and other measures, within its available resources, to achieve the progressive realisation of this right. According to South Africa: Millennium Development Goals Country Report (2005), the country has already met some of the MDGs.