Any beneficial interest in securities of a body where –
i. That body (to your knowledge) has a place of business or land in the area of the relevant authority; and
ii. Either:-
a. The total nominal value of the securities exceeds £25,000 or one hundredth of the total issued share capital of that body; or
b. If the share capital of that body is of more than one class, the total nominal value of the shares of any one class in which the relevant person has a beneficial interest exceeds one hundredth of the total issued share capital of that class.
“securities” means shares debentures, debenture stock, loan stock, bonds, units of a collective investment scheme within the meaning of the Financial Services and Markets Act 2000(1) and other securities of any description, other than money deposited with a building society.