Prescribed things and prohibited interests
3B Prescribed things and prohibited interests
Making provision about any of the following matters—
the specifying of—
a prescribed authority; or
a prescribed entity; or
the specifying of a prohibited interest by reference to 1 or more of the following—
the holding of an authority;
the holding of an interest, either directly or indirectly, in an authority;
the exercise of control, either directly or indirectly, over an authority, entity or person;
the entitlement to a stated number or percentage of shares, stock, votes or other interests, either directly or indirectly, in an entity or person;
the entitlement to a stated value or percentage of value of shares, stock, votes or other interests, either directly or indirectly, in an entity or person;
the entitlement to a stated amount or percentage of generation capacity;
another thing prescribed by regulation;
what constitutes an entitlement to shares, stock, votes or other interests, either directly or indirectly, in an entity or person;
what constitutes an entitlement to generation capacity;
that certain shares, stock, votes or interests, or particular classes of shares, votes or other interests are, or in some circumstances are, to be disregarded for the prescribed purposes;
that particular generation capacity or particular amounts, percentages or types of generation capacity are, or in some circumstances are, to be disregarded for prescribed purposes;
that certain transactions, agreements, arrangements, understandings, undertakings or practices or particular types of them are, or in some circumstances are, to be disregarded for the prescribed purposes;
when a person is, or is taken to be, in a position to exercise control in relation to—
a person; or
an entity; or
an authority; or
a thing;
when a person is not, or is taken not to be, in a position to exercise control in relation to—
a person; or
an entity; or
an authority; or
a thing;
the method of calculating the number, percentage or value of shares, stock, votes or other interests, directly and indirectly, in an entity or person;
the method of calculating the amount or percentage of generation capacity;
the tracing of interests through a series of entities or persons;
the extraterritorial application of a regulation and the application of a regulation to partnerships, unincorporated joint ventures, companies limited by guarantee, trusts, superannuation funds and other vehicles;
anything necessary or convenient to help or give effect to a regulation.
sch 2 s 3B ins 1997 No. 77 s 82
This provision refers to the regulations (prescribed person
, prescribed by regulation
, a regulation
). Made under this Act:
This Act’s bill:Explanatory memorandum
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