INSURANCE ACQUISITIONS AND TAKEOVERS ACT 1991 No. 6 of 1992 - SECT 12
Certain interests in shares to be disregarded
INSURANCE ACQUISITIONS AND TAKEOVERS ACT 1991 No. 6 of 1992 - SECT 12
Certain interests in shares to be disregarded
12. For the purposes of this Act, the following interests must be disregarded:
(a) an interest in a share of a person whose ordinary business includes
the lending of money if the person holds the interest solely by way of
security for the purposes of a moneylending agreement;
(b) an interest in a share of a person, being an interest held by the
person because the person holds a prescribed office;
(c) an interest of a prescribed kind in a share, being an interest of such
person as is prescribed.