PART 1Call-in for national security

CHAPTER 2Interpretation

I15Meaning of “trigger event” and “acquirer”

1

For the purposes of this Act, a “trigger event” takes place when—

a

a person gains control of a qualifying entity, as set out in section 8, or

b

a person gains control of a qualifying asset, as set out in section 9.

2

In this Act “acquirer” means the person who gains the control referred to in subsection (1) (or in relation to a trigger event that has not yet taken place, would gain that control).