(1)  Property, or an interest in property, may be subject to the effective control of a person within the meaning of this Act, other than Part 9 , whether or not the person has–

(a) a legal or equitable estate or interest in the property; or

(b) a right, power or privilege in connection with the property.

(2)  Without limiting the generality of any other provision of this Act, in determining –

(a) whether or not any property, or any interest in any property, is subject to the effective control of a person; or

(b) whether or not there are reasonable grounds to believe that any property, or any interest in any property, is subject to the effective control of a person –

regard may be had to –

(c) shareholdings in, debentures over, or directorships of a company that has an interest, whether direct or indirect, in the property; and

(d) a trust that has a relationship to the property; and

(e) family, domestic and business relationships between persons having an interest in the property, or in companies of the kind referred to in paragraph (c) or in trusts of the kind referred to in paragraph (d) , and other persons.