The law is written such that the companies it applies to are those the Minister deems that it should. The Minister is also allowed to change the definition required for a company to fit eligibility without altering the law.

So, yes, if the Minister suddenly decides to add others to the list, that is exactly what will happen. But there's no need to pass it by Parliament first.

And that is as bad as you think it is.

That's... ridiculous.

Thanks for the info :)