Section 168—
omit, insert—
'(1) An entity's property means the entity's interest in any property other than a security interest or interest in a trust.
'(2) Also, an entity's property includes any property under subsection (1) of a subsidiary of the entity as if a reference in the subsection to an entity were a reference to the subsidiary.
'(3) Despite subsections (1) and (2), the entity's property does not include—
(a) for a corporation—property held on trust by the corporation or a subsidiary of it unless the corporation or any subsidiary of it is a beneficiary of the trust; or
(b) for a listed unit trust—property held on trust by a subsidiary of it unless the listed unit trust or any subsidiary of it is a beneficiary of the trust.'.