15Indirect interest‑holders

15 Indirect interest‑holders

Prescribed interest (1) An interest in a share is an interest of a prescribed kind if the interest exists solely because the interest‑holder is a shareholder in a company that is none of the following: (a) a foreign person within the meaning of the Foreign Acquisitions and Takeovers Act 1975; (b) an airport lessee company; (c) a designated holding company mentioned in clause 14 of the Schedule to the Act; (d) a holding company to which section 14 of this instrument applies. Prescribed person (2) The interest‑holder mentioned in subsection (1) is a prescribed person.