Document ID: chunk:federal_register_of_legislation:C2004A03231:body:0:p25
Version: federal_register_of_legislation:C2004A03231
Segment Type: other
Provision Reference: 
Character Range: 62291–65180

(d) a person associated with the relevant person has;
         (e) persons associated with the relevant person together have; or
         (f) the relevant person and a person or persons associated with the relevant person together have,
     the power to exercise, or to control the exercise of, the voting power attached to not less than the prescribed percentage of the voting shares in the body corporate.";
     (b) by omitting from sub-section (7) "deemed by sub-section (6)" and substituting "to be deemed, by virtue of sub-section (6),"; and
     (c) by omitting from sub-sub-paragraph (8) (a) (iii) (a) "is deemed, by sub-section (6)," and substituting "is to be deemed, by virtue of sub-section (6),".
(2) Section 8 of the Principal Act is amended by inserting after sub-section (9) the following sub-section:
"(9a) A body corporate may, by virtue of this section, be taken or deemed, for the purposes of the provisions referred to in paragraph (1) (a) or (b), as the case requires, to have a relevant interest in a share in the body corporate itself.".

Associated persons
33. Section 9 of the Principal Act is amended—
     (a) by omitting from paragraph (1) (b) "corporation—a person" and substituting "corporation (including, in a case where the other person

     is a corporation, the other person)—a person (including the corporation)"; and
     (b) by omitting sub-paragraphs (1) (b) (i), (ii) and (iii) and substituting the following sub-paragraphs:
         "(i) by reason of which the first-mentioned person, or the other person, may exercise, may directly or indirectly control the exercise of, or may substantially influence the exercise of, any voting power attached to a share in the corporation;
         (ii) with a view to controlling or influencing the composition of the board of directors, or the conduct of affairs, of the corporation;
         (iii) under which the first-mentioned person may acquire from the other person, or the other person may acquire from the first-mentioned person, shares in the corporation; or
         (iv) under which the first-mentioned person, or the other person, may be required to dispose of shares in the corporation in accordance with the directions of the other person, or of the first-mentioned person, as the case may be;".

Power of Commission to require production of books
34. Section 12 of the Principal Act is amended—
     (a) by omitting paragraph (1) (a) and substituting the following paragraph:
         " (a) for the purpose of—
             (i) the performance of a function, or the exercise of a power, by the Commission under a relevant Act (other than the exercise of a power of the Commission under sub-section 6 (3) of the National Companies and Securities Commission Act 1979); or
             (ii) ensuring compliance with the provisions of a relevant Act; or";
     (b) by omitting from sub-paragraph