Co-operatives Act 2009
Sch 2Relevant interests, associates, related bodies
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Schedule 2 — Relevant interests, associates, related bodies
Division 1 — Relevant interests
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Terminology used in this Schedule 424
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Basic rules: relevant interests 424
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Control of corporation having power in relation to a share 424
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Control of 20% of voting power in corporation having power in relation to a share 425
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Deemed relevant interest in advance of performance of agreement that will give rise to a relevant interest 425
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Control of corporation having a relevant interest by virtue of clause 5 426
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Matters not affecting application of Division 426
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Corporation may have a relevant interest in its own shares 427
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Exclusions: money lenders 427
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Exclusions: certain trustees 427
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Exclusions: instructions to securities dealer to dispose of share 428
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Exclusions: honorary proxies 428
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Exclusions: holders of prescribed offices 428
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Prescribed exclusions 428
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Effect of Schedule 428
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Relevant interest: corporation other than co‑operative 429
Division 2 — Associates
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Effect of Part 429
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Associates of a corporation 429
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Matters relating to voting rights 429
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General 430
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Exclusions 431
Division 3 — Related corporations
- Related corporations 431