Joint interests
1 If two or more persons each hold an interest or right jointly, each of them is treated as holding that interest or right.
Joint arrangements
(1) If interests or rights held by a person and interests or rights held by another person are the subject of a joint arrangement between those persons, each of them is treated as holding the combined interests or rights of both of them.
(2) A "joint arrangement" is an arrangement between the holders of interests or rights that they will exercise all or substantially all the rights conferred by their respective interests, or their respective rights, jointly in a way that is pre-determined by the arrangement.
Interests held by nominees
3 An interest held by a person as nominee for another is to be treated as held by the other (and not by the nominee).
Rights treated as held by person who controls their exercise
(1) Where a person controls a right, the right is to be treated as held by that person (and not by the per
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