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Part I DESCRIPTION OF BODY CORPORATE DESIGNATE

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

ItemColumn 1 Specified descriptionColumn 2 Specified definitionColumn 3 Specified relevant powerColumn 4 Specified purposesColumn 5 Specified condition
1.Appropriate holding vehicleA specified type of body corporate (not being one excluded by the particular restrictions for appropriate holding vehicles) which is a wholly-owned subsidiary of the society and formed for the purposes of, or the objects of which include, investment and support in one or more corporate bodies which the society has power to invest in and support, or support.Investment and supportEnabling the appropriate vehicle to carry on the activities of investment and support referred to in column 2 of this item.The group interest provision.