Document ID: chunk:federal_register_of_legislation:C2025C00185:section:8:p6
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 8 (pt 6/8)
Character Range: 249007–251856

in relation to a body corporate, means a body corporate that:
 (a) is a holding company of the first‑mentioned body; and
 (b) is itself a subsidiary of no body corporate.
unacceptable control situation:
 (a) in relation to a licensed trustee company or a proposed licensed trustee company—has the meaning given by section 601VAA; and
 (b) in relation to a widely held market body—has the meaning given by subsection 850B(1); and
 (c) in relation to a controlled Australian financial body—has the meaning given by section 852DB.
unclaimed property means:
 (a) property paid or transferred to ASIC under a provision of this Act that provides for property to be transferred, or for the Court to direct that property be transferred, to ASIC to be dealt with under Part 9.7; or
 (b) any other property that a provision of this Act provides for ASIC to deal with under Part 9.7; or
 (c) property that vests in ASIC under section 1404; or
 (d) an accretion to, or substitution for, property that is unclaimed property because of any other application or applications of this definition.
uncommercial transaction has the meaning given by section 588FB.
underlying securities means:
 (a) in relation to an option over securities—those securities; and
 (b) in relation to scrip that is constituted by documents that are, or are documents of title to, securities—those securities.
undertaking, in relation to a managed investment scheme, means the undertaking, scheme, enterprise, contract or arrangement to which the scheme relates.
underwrite includes sub‑underwrite.
unfair loan has the meaning given by section 588FD.
unfair preference has the meaning given by section 588FA.
unit, in relation to a share, debenture or other interest, means a right or interest, whether legal or equitable, in the share, debenture or other interest, by whatever term called, and includes an option to acquire such a right or interest in the share, debenture or other interest.
unlimited company means a company whose members have no limit placed on their liability.
unreasonable director‑related transaction has the meaning given by section 588FDA.
unsecured, in relation to a debt, has in Part 5.7B a meaning affected by section 588D.
unsolicited contact has the meaning given by subsection 992A(4).
value, in relation to an asset, includes amount.
virtual meeting technology means any technology that allows a person to participate in a meeting without being physically present at the meeting.
volume‑based shelf‑space fee has a meaning affected by section 964A.
voluntary transfer determination has the meaning given by subsection 601WBA(1).
voting interest, in relation to a managed investment scheme (including a notified foreign passport fund), means an issued interest in the scheme that confers a right to vote, not being a right to vote that is exercisable only in