Document ID: chunk:federal_register_of_legislation:C2017C00073:section:19b:p2
Version: federal_register_of_legislation:C2017C00073
Segment Type: section
Provision Reference: s 19B (pt 2/4)
Character Range: 17558–20235

or
 (c) an Australian body corporate; or
 (d) an Australian fund manager.
Court means the Federal Court of Australia.
CSL means the body corporate known before the sale day as CSL Limited by whatever name called, and in whatever form that body corporate takes, from time to time.
CSL body means CSL or a CSL subsidiary.
CSL subsidiary means a body corporate that is a subsidiary of CSL.
foreign‑held voting shares means:
 (a) voting shares that are acknowledged in writing by the registered owner of those shares to be shares in which a foreign person has a relevant interest; or
 (b) voting shares that the directors of CSL have, after reasonable inquiries, declared to be shares in which a foreign person has a relevant interest.
foreign person means a person who is not an Australian person.
head office, in relation to CSL, means the place of business of CSL where central management and control are exercised.
mandatory article means a provision included in CSL's articles of association in accordance with section 19C.
registered owner, in relation to a share, means the person who appears in the register of members as the holder of the shares.
register of members has the same meaning as in the Corporations Act 2001.
sale day has the same meaning as in the CSL Sale Act 1993.
share, in relation to a body corporate, means a share in the body corporate's share capital.
voting share has the same meaning as in the Corporations Act 2001.
 (2) For the purposes of this Part, a body corporate is substantially owned by:
 (a) Australian individuals; or
 (b) Australian government bodies; or
 (c) bodies corporate that have been determined to be Australian bodies corporate under a previous application of the definition of Australian body corporate in subsection (1); or
 (d) Australian fund managers;
if and only if the total value of shares in the body corporate in which persons other than persons mentioned in paragraphs (a) to (d) have relevant interests represents less than 40% of the total value of the issued share capital of the body corporate.
 (3) For the purposes of this Part, a person has a relevant interest in a share if, and only if, the person would be taken to have a relevant interest in the share for the purposes of the Corporations Act 2001 if paragraph 608(3)(a) of that Act were disregarded.
 (4) Subject to subsection (5), the directors of CSL must form the opinion for the purposes of the definition of Australian body corporate in subsection (1) that a particular body corporate is not effectively controlled by persons who are Australian individuals, Australian government bodies, Australian bodies corporate or Australian fund managers if any