Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 609

609. (1) The shares in a body corporate to which a person, being the body
corporate itself or any other person, is entitled include:

   (a)  shares in which the first-mentioned person has a relevant interest;

   (b)  except where the first-mentioned person is a nominee body corporate in
        respect of which a certificate by the Commission is in force under
        subsection (3)-shares in which a person who is an associate of the
        first-mentioned person (otherwise than by virtue of paragraph 12 (1)
        (d), (f) or (g)) has a relevant interest; and

   (c)  shares to which the first-mentioned person is entitled by virtue of
        subsection (2).

(2) Where a person has, or proposes to enter into, an agreement with another
person:

   (a)  because of which the first-mentioned person has or will have power
        (even if it is in any way qualified):

        (i)    to exercise;

        (ii)   to control, directly or indirectly, the exercise of; or

        (iii)  to influence substantially the exercise of;
any voting power attached to shares in which the other person has a relevant
interest;

   (b)  under which the first-mentioned person:

        (i)    will or may acquire; or

        (ii)   may be required by the other person to acquire;
shares in which the other person has a relevant interest; or

   (c)  under which the other person may be required to dispose of shares in
        accordance with the first-mentioned person's directions; then,
        whatever other effect the agreement may have, the first-mentioned
        person is entitled to those shares.

(3) The Commission may issue to a nominee body corporate a certificate
declaring the nominee body corporate to be an approved nominee body corporate
for the purposes of this Chapter and may, by notice served on the nominee body
corporate, revoke the certificate.