Circumstances in which persons acquiring interests under 1 arrangement or in concert are not related persons prescribed (Act s. 162(1A)(b))
5 Circumstances in which persons acquiring interests under 1 arrangement or in concert are not related persons prescribed (Act s. 162(1A)(b))
For the purposes of section 162(1A)(b) of the Act, section 162(1)(h) and (i) of the Act do not apply in circumstances where the acquisitions are made as part of —
a listed entity demerger; or
a hybrid demerger.
This regulation applies in determining under section 162 of the Act whether persons are related persons in relation to an acquisition of an interest in a landholder if the acquisition occurs (as determined under section 176 of the Act) on or after 13 June 2019.
In this regulation, a reference to a provision of the Act includes a reference to that provision as applied by section 205ZE of the Act.
[Regulation 5 inserted: Gazette 8 Oct 2019 p. 3620.]
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