sec.74EDirect interest

### sec.74E Direct interest A relevant entity has a direct interest in a corporation if— for a relevant entity that is a person—the person can, directly or indirectly, exercise the voting power attached to any voting shares issued by the corporation; or for a relevant entity that is 2 or more associated persons—each of the associated persons can, directly or indirectly, exercise the voting power attached to any voting shares issued by the corporation. The value of the relevant entity’s direct interest in the corporation is the percentage equivalent to the proportion of the voting power of all voting shares issued by the corporation that— for a relevant entity that is a person—the person can, directly or indirectly, exercise; or for a relevant entity that is 2 or more associated persons—the associated persons can, if acting together, directly or indirectly exercise. In this section— exercise , in relation to voting power attached to voting shares issued by a corporation, includes control the exercise of, or substantially influence the exercise of, the voting power. s 74E ins 2008 No. 16 s 15 (sec.74E-ssec.1) A relevant entity has a direct interest in a corporation if— for a relevant entity that is a person—the person can, directly or indirectly, exercise the voting power attached to any voting shares issued by the corporation; or for a relevant entity that is 2 or more associated persons—each of the associated persons can, directly or indirectly, exercise the voting power attached to any voting shares issued by the corporation. (sec.74E-ssec.2) The value of the relevant entity’s direct interest in the corporation is the percentage equivalent to the proportion of the voting power of all voting shares issued by the corporation that— for a relevant entity that is a person—the person can, directly or indirectly, exercise; or for a relevant entity that is 2 or more associated persons—the associated persons can, if acting together, directly or indirectly exercise. (sec.74E-ssec.3) In this section— exercise , in relation to voting power attached to voting shares issued by a corporation, includes control the exercise of, or substantially influence the exercise of, the voting power. - (a) for a relevant entity that is a person—the person can, directly or indirectly, exercise the voting power attached to any voting shares issued by the corporation; or - (b) for a relevant entity that is 2 or more associated persons—each of the associated persons can, directly or indirectly, exercise the voting power attached to any voting shares issued by the corporation. - (a) for a relevant entity that is a person—the person can, directly or indirectly, exercise; or - (b) for a relevant entity that is 2 or more associated persons—the associated persons can, if acting together, directly or indirectly exercise.