Loan Fund Companies Act 1976
32Interpretation for the purposes of this Division
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32 Interpretation for the purposes of this Division
32 Interpretation for the purposes of this Division
(1) In this Division, shares, unless the context otherwise requires, means qualifying shares or loan entitlement shares, but does not include loan entitlement shares that are or are to be allotted pursuant to the exercise of an option, or the exercise of a right conferred by qualifying shares, to acquire those loan entitlement shares.
(2) A reference in this Division to a loan fund company includes a reference to any officer of the company and any person who, with the expressed or implied consent of the company or of any such officer acting in the officer’s capacity as such, holds himself or herself out as being a representative of the company.