Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 34

Deemed relevant interest in advance of performance of agreement whose performance will give rise to a relevant interest
34. Where a person:

   (a)  has entered into a relevant agreement with another person with respect
        of an issued share in which the other person has a relevant interest;

   (b)  has a right enforceable against another person in relation to an
        issued share in which the other person has a relevant interest,
        whether the right is enforceable presently or in the future and
        whether or not on the fulfilment of a condition; or

   (c)  has an option granted by another person, or has granted to another
        person an option, with respect to an issued share in which the other
        person has a relevant interest; and, on performance of the relevant
        agreement, enforcement of the right, or exercise of the option, as the
        case may be, the first-mentioned person would have a relevant interest
        in the share, the first-mentioned person shall be deemed for the
        purposes of this Division to have that relevant interest in the share.
        


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