(1) The reference in section 68(2) to the notifiable percentage is to 5 per cent, or such other percentage as may be prescribed by the Minister under this section.
(2) The Minister may prescribe the percentage to apply in determining whether a person's interest in a company's shares is notifiable under section 67; and different percentages may be prescribed in relation to companies of different classes or descriptions.
(3) Where in consequence of a reduction prescribed under this section in the percentage made by such order a person's interest in a company's shares becomes notifiable, he shall then come under the obligation of disclosure in respect of it; and the obligation must be performed within the period of 10 days next following the day on which it arises.