196
In forceInterests acquired under exempt acquisitions disregarded for particular purposes
Chapter 3Landholder duty and corporate trustee duty
Part 1Landholder duty
Division 5Exempt acquisitions
196 Interests acquired under exempt acquisitions disregarded for particular purposes
An interest acquired under an exempt acquisition, other than an exempt acquisition under section 195, must be disregarded as an interest in a landholder when—
(a)
deciding whether a person has, under section 158(1)(b)(i) or (ii), acquired an interest in the corporation; or
(b)
aggregating interests under section 158(1)(b)(i) or (ii).
This Act’s bill:Explanatory memorandum
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