53A  How certain entities hold interests

•   For the purposes of this Act, a trust, partnership, superannuation fund or unincorporated foreign company (as the case requires) is taken to hold an interest in an asset or entity if:

  • (a)

    one or more trustees hold the interest on behalf of the beneficiaries of the trust; or

  • (b)

    one or more partners hold the interest on behalf of the partnership; or

  • (c)

    one or more trustees hold the interest on behalf of the beneficiaries of the superannuation fund; or

  • (d)

    one or more appointed officers hold the interest on behalf of the company.

  Note: For the definition of appointed officer, see section 5.