According to the law, public non-governmental institutions cannot hold more than 40 percent of the shares of a business.
Zohreh Alipour, head of the Privatization Organization: According to the law, non-governmental public institutions cannot hold more than 40% of a company's shares / The law has been enacted for 10 years but has not had much effect / Pension funds must allocate a portion of their shares to the real private sector.
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