Section 793 notice: Difference between revisions

Section 793 notice (view source)

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	An “interest” under the act includes those held by spouses, trusts, [[Espievie\|offshore vehicles]], [[nominee]]s and coordinated arrangements between apparently unconnected individuals acting in concert and so on. Basically it is meant to get around any sneaky subterfuge and creative use of the [[corporate veil]].		An “interest” under the act includes those held by spouses, trusts, [[Espievie\|offshore vehicles]], [[nominee]]s and coordinated arrangements between apparently unconnected individuals acting in concert and so on. Basically it is meant to get around any sneaky subterfuge and creative use of the [[corporate veil]].

	If you don't respond to a [[s793 notice]] the company can ~~"block"~~ the shares you hold, preventing any underlying shareholder from voting or transferring its interests, until the answers are provided.		If you don't respond to a [[s793 notice]] the company can “block” the shares you hold, preventing any underlying shareholder from voting or transferring its interests, until the answers are provided.