Commonwealth Consolidated RegulationsFor paragraph 11 (5) (c) of the Act, an interest in a share is prescribed if:
(a) the interest is of the kind described in regulation 2B; and
(b) the interest is held by a corporation (a foreign custodian company ) that:
(i) is a foreign person; and
(ii) is in the business of providing custodian services to other persons in relation to the holding of shares.