Sch 1B para 2
(1) For the purposes of this Schedule, a person has a relevant interest in a company if the person— (a) holds any shares in the company, (b) holds any voting rights in the company, or (c) holds the right to appoint or remove any member of the board of directors of the company. (2) References to “the relevant interest” are to the shares or right in question. (3) Part 3 of Schedule 1A applies for the interpretation of sub-paragraph (1) save that, where the relevant interest is by virtue of paragraph 19 or 20 of that Schedule treated for the purposes of that Schedule as held by a person other than the person who in fact holds the interest, both the holder and the other person are to be regarded for the purposes of this Schedule as having the relevant interest.