Co-operatives National Law (Queensland)
sch.2-sec.4Control of 20% of voting power in corporation having power in relation to a share
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sch.2-sec.4 Control of 20% of voting power in corporation having power in relation to a share
If a corporation or an associate of a corporation has, or is by this Part (other than this clause) taken to have— power to vote in relation to a right to vote; or power to dispose of a share; a person is taken for the purposes of this Part to have in relation to the right to vote or share the same power as the corporation or associate has, or is taken to have, if— the person has; or an associate of the person has; or associates of the person together have; or the person and an associate or associates of the person together have; power to vote in relation to the right to vote attached to not less than 20% of the voting shares in the corporation.
- (a) power to vote in relation to a right to vote; or
- (b) power to dispose of a share;
- (c) the person has; or
- (d) an associate of the person has; or
- (e) associates of the person together have; or
- (f) the person and an associate or associates of the person together have;