QUEEN'S WHARF BRISBANE ACT 2016 - SECT 18
Meaning of relevant interest
QUEEN'S WHARF BRISBANE ACT 2016 - SECT 18
Meaning of relevant interest
(1) A person’s relevant interest, in interests or convertible securities in
a relevant entity, has the meaning given under the Corporations Act . Notes—
1 If a relevant entity is a body corporate, a person’s relevant interest in
interests or convertible securities in the entity does not include a
relevant interest in interests or convertible securities in a trust of which
the entity is a trustee.
2 Under part 2 , division 1 , a person must comply
with the approval requirements separately in relation to— (a) interests or
convertible securities in a relevant entity that is a body corporate; and
(b)
interests or convertible securities in a relevant entity that is a trust of
which the body corporate is a trustee.
(2) For subsection (1) , interests
in a relevant entity that is a trust are taken to be securities.