Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:3_296
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 3 cl 296
Character Range: 596129–596895

296  Section 9
Insert:

substantial holding: A person has a substantial holding in a body corporate, or listed registered managed investment scheme, if:
 (a) the total votes attached to voting shares in the body, or voting interests in the scheme, in which they or their associates:
 (i) have relevant interests; and
 (ii) would have a relevant interest but for subsection 609(6) (exchange traded options) or 609(7) (conditional agreements);
  is 5% or more of the total number of votes attached to voting shares in the body, or interests in the scheme; or
 (b) the person has made a takeover bid for voting shares in the body, or voting interests in the scheme, and the takeover period has started and not yet ended.

Note: For relevant interest, see section 608.