(a) that body to your knowledge has a place of business or land in the area of your authority; and
(b) either-
(i) the total nominal value of the securities exceeds £25,000 or one hundredth of the total issue share capital of that body; or
(ii) 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 you or a person referred to above has a beneficial interest exceeds one hundredth of the total issue share capital of that class