Document ID: chunk:federal_register_of_legislation:C2023C00427:clause:2_41
Version: federal_register_of_legislation:C2023C00427
Segment Type: clause
Provision Reference: sch 2 cl 41
Character Range: 64739–65422

41  Stake in a company
(1) For the purposes of this Part, a particular type of stake that a person holds in a company at a particular time is the aggregate of:
 (a) the direct control interests in the company of that type that the person holds at that time; and
 (b) the direct control interests in the company of that type held at that time by associates of the person.
(2) In calculating the stake that a person holds in a company, a direct control interest held because of subitem 42(6) is not to be counted under paragraph (1)(a) to the extent to which it is calculated by reference to a direct control interest in the company that is taken into account under paragraph (1)(b).