Basic rulerelevant interest is holding, or controlling voting or disposal of, securities
(1) A person has a relevant interest in securities if they:
Extension to control exercisable through a trust, agreement or practice
(2) In this section, power or control includes:
Extension to relevant interests held through bodies corporate
(3) A person has the relevant interests in any securities that any of the following has:
(4) For the purposes of paragraph (3)(b), a person controls a body corporate if the person has the capacity to determine the outcome of decisions about the body corporate's financial and operating policies. (5) In determining whether a person has this capacity:
(6) The person does not control the body corporate merely because the person and an entity that is not an associate jointly have the capacity to determine the outcome of decisions about the body corporate's financial and operating policies. (7) A person is not taken to control a body corporate merely because of a capacity they have if they are under a legal obligation to exercise that capacity for the benefit of:
Extension to control in anticipation of performance of agreements etc.
(8) If at a particular time all the following conditions are satisfied:
Body corporate may have relevant interest in its own securities
(9) This section may result in a body corporate having a relevant interest in its own securities.