Commonwealth Consolidated Acts

FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 10

    A person holds or acquires an interest in an asset if he or she has any legal or equitable interest in that asset.

Note 1:   For other rules relating to interests in assets, see sections   13 to 15.

Note 2:   See also section   19 (tracing of substantial interests in corporations, trusts and unincorporated limited partnerships).