relation to different kinds of prescribed interests (1) For the purposes of
subsections 770A(1) and (2), separate stock markets exist in relation to
different kinds of interests in a registered scheme even though:
- (a)
- the
stock markets are conducted by the same body corporate; and
- (b)
- the same business rules of the body corporate apply to the conduct of the
stock markets.
(2) For the purposes of subsection (1):
- (a)
- unless paragraph (b)
applies, the interests in a registered scheme constitute a kind of interest in
the scheme; and
- (b)
- if a particular scheme relates to a number of different undertakings in
relation to intereststhe interests in the scheme are taken to be divided
into a number of kinds, with each kind consisting of the interests to which a
particular one of those undertakings relates.