Commonwealth Consolidated Regulations

FOREIGN ACQUISITIONS AND TAKEOVERS REGULATIONS 1989 - REG 2B

                For paragraph 2A (a), the interest is an interest in a share:

                (a)    in:

                          (i)    a prescribed corporation to which paragraph 18 (1) (a) of the Act applies; or

                         (ii)    a holding corporation of a prescribed corporation to which paragraph 18 (1) (a) of the Act applies; and

               (b)    in which an equitable interest is held by a person that is not the holder of the legal interest in the share; and

                (c)    in which the holder of the legal interest in the share exercises voting rights associated with the interest in the share only at, or in accordance with, the direction of:

                          (i)    another person that is providing custodian services to a person in relation to the holding of the legal interest; or

                         (ii)    the holder of an equitable interest in the share that is receiving custodian services that are related to that interest.