You can use the stock exchange listing method to decide whether a FIF is principally engaged in one or more eligible activities - but only if the FIF is a company.
Your interest in the FIF must be included in a class of interests quoted on a stock market of an approved stock exchange. See Appendix 1: Approved stock exchanges for more information. [section 499]
Under this method, your interests in the FIF will be exempt if you can establish that the foreign company FIF is included in a class of companies classified or designated as engaged in an eligible activity on either:
- an approved stock exchange, or
- an approved international sectoral classification system. See Appendix 3: Approved international sectoral classification systems for more information.