(1) In this Act "eligible proceeds or distribution" in relation to a share in a traded public company registered in the name of an individual, means (subject to subsection (2)) any of the following amounts owing to a person - (a) an amount owing by virtue of a share in the company being converted into a right to payment of the price of the share at the time it was converted, (b) an amount owing as a cash distribution attributable to the share, or  an amount owing by virtue of a corporate action in relation to the share for which the company is notified of the consideration,