{
  "url": "https://openlegislation.uk/draft-charities-northern-ireland-order-2007/schedule-5/paragraph-4",
  "json_url": "https://openlegislation.uk/draft-charities-northern-ireland-order-2007/schedule-5/paragraph-4.json",
  "legislation": "ukdsi/2007/9780110800677",
  "legislation_title": "The Charities (Northern Ireland) Order 2007",
  "legislation_url": "https://openlegislation.uk/draft-charities-northern-ireland-order-2007",
  "path": "schedule/5/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "(1) For the purposes of paragraph 1(2)(h) any such connected person as is there mentioned has a substantial interest in a body corporate if the person or institution in question—\n(a) is interested in shares comprised in the equity share capital of that body of a nominal value of more than one-fifth of that share capital, or\n(b) is entitled to exercise, or control the exercise of, more than one-fifth of the voting power at any general meeting of that body.\n(2) The rules set out in Part I of Schedule 13 to the Companies (Northern Ireland) Order 1986 (NI 6) (rules for interpretation of certain provisions of that Order) shall apply for the purposes of sub-paragraph (1) as they apply for the purposes of Article 354(4) of that Order (“connected persons” etc.).\n(3) In this paragraph “equity share capital” and “share” have the same meaning as in that Order.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2007/9780110800677/schedule/5/paragraph/4",
    "retrieved_at": "2026-10-30T15:17:23.710359+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}