Substantial investment

(1) A person has a substantial investment in a body corporate if– (a) the voting rights attached to the aggregate of the voting shares of the body corporate controlled or beneficially owned by the person and by an entity in which the person has a controlling interest, exceed ten per cent of the voting rights attached to all of the outstanding voting shares of the body corporate; or (b) the aggregate of any shares of the body corporate controlled or beneficially owned by the person and by an entity in which the person has a represents 32 ownership of greater than ten per cent of the shareholders’ equity of the body corporate. (2) A person has a substantial investment in an unincorporated entity where the aggregate of the ownership interests, however designated, into which the entity is divided, controlled or beneficially owned by the person and by an entity in which the person has a controlling interest, exceeds twenty five per cent of all of the ownership interests into which the entity is divided. Schedule I.