THE CORPORATIONS LAW

CHAPTER 1 - INTRODUCTORY

PART 1.2 - INTERPRETATION

Division 7 - Interpretation of other expressions

SECTION 51   ACQUISITION AND DISPOSAL OF SHARES  

51(1)  (``deal'')  

For the purposes of the definition of `` deal'' in section 9 and of Chapter 7, a person acquires shares in a body corporate if, and only if:

(a)  the person acquires a relevant interest in those shares as a result of a transaction entered into by or on behalf of the person in relation to those shares, in relation to any other securities of that body corporate or in relation to securities of any other body corporate; or

(b)  the person acquires any legal or equitable interest in securities of that body corporate or in securities of any other body corporate and, as a result of the acquisition, another person acquires a relevant interest in those shares.

51(2)  (Repealed by No 156 of 1999, Sch 3, Pt 9 (effective 13 March 2000).)