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QUEEN'S WHARF BRISBANE ACT 2016 - SECT 18 Meaning of relevant interest

QUEEN'S WHARF BRISBANE ACT 2016 - SECT 18

Meaning of relevant interest

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.