Commonwealth Consolidated Acts

INSURANCE ACQUISITIONS AND TAKEOVERS ACT 1991 - SECT 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.