---
title: "Prepare a substantial holding notice and the relevant-interest trace"
url: "https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/prepare-a-substantial-holding-notice-and-the-relevant-interest-trace"
type: "task"
site: "AI Law Framework"
id: "A4-X20260927-8"
practice_area: "Capital Markets & Securities — ECM/DCM and Disclosure"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Prepare a substantial holding notice and the relevant-interest trace

> Build the movement and voting power table from the trade and holding records, identify the agreements that must be annexed, and help the lawyer describe the nature of each relevant interest in the notice.

Canonical page: https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/prepare-a-substantial-holding-notice-and-the-relevant-interest-trace  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Capital Markets & Securities — ECM/DCM and Disclosure](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Build the movement and voting power table from the trade and holding records, identify the agreements that must be annexed, and help the lawyer describe the nature of each relevant interest in the notice. |
| What the lawyer must review | The lawyer determines the relevant interests, the associates and the date of awareness, confirms the currently prescribed form of notice, and lodges within the statutory period. |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Source-by-source verification**

Trace relied-on content to independent sources and check for relevant material the output has missed.

- What the AI does: Build the movement and voting power table from the trade and holding records, identify the agreements that must be annexed, and help the lawyer describe the nature of each relevant interest in the notice.
- What the lawyer does: The lawyer determines the relevant interests, the associates and the date of awareness, confirms the currently prescribed form of notice, and lodges within the statutory period.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.

## Checks the lawyer makes

1. Confirm the instructions, the jurisdiction and the complete relevant material before starting.
2. The lawyer determines the relevant interests, the associates and the date of awareness, confirms the currently prescribed form of notice, and lodges within the statutory period.
3. Check the output against the source documents named in it before it is relied on.

## Notes

- These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

## Sources

- [https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-5-relevant-interests-and-deemed-economic-interests](https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-5-relevant-interests-and-deemed-economic-interests) (checked 2026-09-27)
- [https://www.legislation.gov.au/C2004A00818/latest/text](https://www.legislation.gov.au/C2004A00818/latest/text) (checked 2026-09-27)
- [https://www.asx.com.au/content/dam/asx/rules-guidance-notes-waivers/asx-listing-rules/guidance-notes/gn22-disclosure-of-interests.pdf](https://www.asx.com.au/content/dam/asx/rules-guidance-notes-waivers/asx-listing-rules/guidance-notes/gn22-disclosure-of-interests.pdf) (checked 2026-09-27)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [Substantial holding notice preparation checklist (Corporations Act s 671B)](https://ailawframework.com/precedents/capital-markets-and-securities-ecm-dcm-and-disclosure/substantial-holding-notice-preparation-checklist.md) | Checklist | Yellow | A checklist for preparing a substantial holding notice: which event triggers it, tracing relevant interests and associates, working the 1% movement against the last notice, the 2 business day… |

Signed-in accounts can read the full text of each one.

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/prepare-a-substantial-holding-notice-and-the-relevant-interest-trace/united-states.md) | Yellow |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*