sec.18Meaning of relevant interest

### sec.18 Meaning of relevant interest A person’s relevant interest, in interests or convertible securities in a relevant entity, has the meaning given under the Corporations Act . If a relevant entity is a body corporate, a person’s relevant interest in interests or convertible securities in the entity does not include a relevant interest in interests or convertible securities in a trust of which the entity is a trustee. Under part 2 , division 1 , a person must comply with the approval requirements separately in relation to— interests or convertible securities in a relevant entity that is a body corporate; and interests or convertible securities in a relevant entity that is a trust of which the body corporate is a trustee. For subsection (1) , interests in a relevant entity that is a trust are taken to be securities. (sec.18-ssec.1) A person’s relevant interest, in interests or convertible securities in a relevant entity, has the meaning given under the Corporations Act . If a relevant entity is a body corporate, a person’s relevant interest in interests or convertible securities in the entity does not include a relevant interest in interests or convertible securities in a trust of which the entity is a trustee. Under part 2 , division 1 , a person must comply with the approval requirements separately in relation to— interests or convertible securities in a relevant entity that is a body corporate; and interests or convertible securities in a relevant entity that is a trust of which the body corporate is a trustee. (sec.18-ssec.2) For subsection (1) , interests in a relevant entity that is a trust are taken to be securities. - 1 If a relevant entity is a body corporate, a person’s relevant interest in interests or convertible securities in the entity does not include a relevant interest in interests or convertible securities in a trust of which the entity is a trustee. - 2 Under part 2 , division 1 , a person must comply with the approval requirements separately in relation to— (a) interests or convertible securities in a relevant entity that is a body corporate; and (b) interests or convertible securities in a relevant entity that is a trust of which the body corporate is a trustee. - (a) interests or convertible securities in a relevant entity that is a body corporate; and - (b) interests or convertible securities in a relevant entity that is a trust of which the body corporate is a trustee. - (a) interests or convertible securities in a relevant entity that is a body corporate; and - (b) interests or convertible securities in a relevant entity that is a trust of which the body corporate is a trustee.