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QUEEN'S WHARF BRISBANE ACT 2016 - SECT 16

Definitions for chapter

16 Definitions for chapter

In this chapter—

"associate, of a person in relation to a relevant entity, has the meaning given under the Corporations Act, sections 12 and 16(1)."

"convertible securities, in a relevant entity, means securities in any class that are convertible into interests in the entity."

"interest, in a relevant entity, means a voting interest or non-voting interest in the entity."

"managed investment scheme see the Corporations Act, section 9."

"non-voting interest, in a relevant entity, means—"

(a) if the entity is a trust—an interest in the trust, other than a voting interest, within the meaning of the Corporations Act as if the trust were a managed investment scheme; or
Note—
In relation to trusts, see also section 19.
(b) otherwise—a non-voting share within the meaning of the Corporations Act.

"relevant entity" see section 17.

"relevant interest" , in interests or convertible securities in a relevant entity, see section 18.

"" required approval means prior written approval given under the provision in which the reference appears.

"" security means—
(a) a security mentioned in the Corporations Act, section 92(3); or
(b) an interest in a managed investment scheme, other than a registered scheme within the meaning of the Corporations Act; or
Note—
An interest in a registered scheme is a security mentioned in paragraph (a).
(c) an interest in a trust that, but for the operation of section 19, would not be a managed investment scheme because of paragraph (e) of the definition
"managed investment" scheme under the Corporations Act, section 9.

"" voting interest, in a relevant entity, means—
(a) if the entity is a trust—a voting interest within the meaning of the Corporations Act as if the trust were a managed investment scheme; or
Note—
In relation to trusts, see also section 19.
(b) otherwise—a voting share within the meaning of the Corporations Act.

"voting power," of a person in a relevant entity, has the meaning given under the Corporations Act, section 610.
Notes—
1 A person’s voting power in a relevant entity that is a body corporate does not include voting power in a relevant entity that is a trust of which the body corporate is a trustee.
2 See also section 19 in relation to trusts.
3 Under part 2, division 1, a person must comply with the approval requirements separately in relation to—
(a) voting power in a relevant entity that is a body corporate; and
(b) voting power in a relevant entity that is a trust of which the body corporate is a trustee.



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