9
CurrentExclusions—money-lenders
Schedule 2Relevant interests, associates, and related corporations
Part 1Relevant interests
9 Exclusions—money-lenders
A relevant interest of a person in a share or right to vote is to be disregarded if—
(a)
the person’s ordinary business includes lending money; and
(b)
the person has authority to exercise powers as the holder of the relevant interest only because of a security given for a transaction entered into in the ordinary course of business in connection with lending money, other than a transaction entered into with an associate of the person.
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