Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:1_33
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 1 cl 33
Character Range: 92804–94091

33  Section 166‑165
Repeal the section, substitute:

166‑165  Rules in Division 165 apply

 (1) The rules in the following provisions:
 (a) section 165‑175 (which is about how an ownership test can be satisfied by a single person);
 (b) subsection 165‑185(1) (which treats some shares as never having carried rights);
 (c) subsection 165‑190(1) (which treats some shares as always having carried rights);
 (d) section 165‑200 (which is about how other rules do not affect how *shares or rights are counted);
 (e) section 165‑205 (which deals with death of beneficial owners);
 (f) subsection 165‑207(2) (which treats the *trustee of a family trust as a beneficial owner of some rights);
also apply for the purposes of an ownership test in this Subdivision.

 (2) The rules in the following provisions:
 (a) section 165‑180 (which is about arrangements affecting beneficial ownership of *shares);
 (b) subsection 165‑185(2) (which treats some shares as never having carried rights);
 (c) subsection 165‑190(2) (which treats some shares as always having carried rights);
 (d) section 165‑195 (which disregards *redeemable shares);
also apply for the purposes of an ownership test in this Subdivision as if the reference to a particular time were a reference to the *ownership test time.