otherwise formed in or outside
Hong Kong; and
the company or other body
corporate has a relevant interest
in 2 per cent or more of the
voting shares of a licensee,
then for the purposes only of subsection (1)
the person shall be regarded as having a
relevant interest in voting shares of the
licensee (in addition to any other such
interest which he has either apart from this
subsection or by virtue of another
application in relation to him of this
subsection) and the number of those shares
in which he shall be regarded by this
subsection as having a relevant interest
shall be the number which bears the same
proportion to the number of voting shares of
the licensee in which the company or other
body corporate mentioned in paragraph (b)
has a relevant interest as the number of
shares, being shares mentioned in paragraph
(a) and as regards which he has a relevant
interest, bears to the aggregate of the
voting shares issued by the company
mentioned in paragraph (a).
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