Commonwealth Numbered Regulations

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MEDIBANK PRIVATE SALE (INTERESTS IN SHARES) REGULATION 2014 (SLI NO 128 OF 2014) - REG 8

Agent

             (1)  An interest in a share in a Medibank Private company is an interest of a prescribed kind if the interest exists solely as a result of an action taken by the interest-holder (the agent ) in the agent's capacity as:

                     (a)  a depositary for another person; or

                     (b)  a custodian for another person; or

                     (c)  a nominee of another person.

             (2)  The agent is a prescribed person if the agent does not:

                     (a)  hold a beneficial interest in the share; or

                     (b)  have authority, by proxy or any other arrangement with the holder of the beneficial interest, to exercise in a discretionary way the voting rights attaching to the share.



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