Australian Capital Territory Consolidated ActsIn this division:
"dissenting shareholder", in relation to a scheme or contract, means a shareholder who has not agreed to the scheme or contract or who has failed to transfer shares in accordance with the scheme or contract.
"excluded shares", in relation to a scheme or contract involving a transfer to a person of shares in a class of shares in a cooperative, means shares in that class that, when the offer relating to the scheme or contract is made, are held by—
(a) in any case—the person or a nominee of the person; or
(b) if the person is a corporation—a subsidiary of the corporation.