is under an obligation (whether so
subject or not) the fulfilment
which would make him so entitled.
(7)
It is immaterial for the purposes
of this Ordinance that shares in which a
person has an interest are unidentifiable.
Interests
to be disregarded
17L. (1) In determining for the
purposes of this Ordinance whether or not
person has a relevant interest in a share
the following interests shall be disregarded
(a)
where property is held on trust
and an interest in shares is
comprised in that property, an
interest in reversion or remainder
or of a bare trustee or a
custodian trustee, and any
discretionary interest;
(b) an interest which subsists by
virtue of
(Cap. 333)
(i) any unit trust or mutual
fund corporation authorized under
section 15 of the Securities
Ordinance;