interest of any kind whatsoever in the
shares; and accordingly there are to be
disregarded any restraint or restriction to
which the exercise of any right attached to
the interest is or may be subject.
(3) Where property is held on trust
and an interest in shares is comprised in
the property, a beneficiary of the trust
who, apart from this subsection, does not
have an interest in the shares is, for the
purposes of this Ordinance, to be taken as
having a relevant interest in them.
(4) For purposes of this Ordinance, a
person is taken to have relevant interest in
shares if
(a)
he enters into a contract for
their purchase by him (whether for
cash or other consideration); or
(b)
not being the registered holder,
he is entitled to exercise any
right conferred by the holding of
the shares or is entitled to
control the exercises of any such
right.