Document ID: chunk:federal_register_of_legislation:C2015A00150:clause:1_6:p1
Version: federal_register_of_legislation:C2015A00150
Segment Type: clause
Provision Reference: sch 1 cl 6 (pt 1/3)
Character Range: 23737–26292

6  Meaning of associate
 (1) Each of the following persons is an associate of a person:
 (a) any relative of the person;
 (b) any person with whom the person is acting, or proposes to act, in concert in relation to an action to which this Act may apply;
 (c) any person with whom the person carries on a business in partnership;
 (d) any entity of which the person is a senior officer;
 (e) if the person is an entity:
 (i) any holding entity of the entity; or
 (ii) any senior officer of the entity;
 (f) any entity whose senior officers are accustomed or under an obligation (whether formal or informal) to act in accordance with the directions, instructions or wishes of:
 (i) the person; or
 (ii) if the person is an entity—the senior officers of the person;
 (g) an entity if the person is accustomed or under an obligation (whether formal or informal) to act in accordance with the directions, instructions or wishes of:
 (i) the entity; or
 (ii) the senior officers of the entity;
 (h) any corporation in which the person holds a substantial interest;
 (i) if the person is a corporation—a person who holds a substantial interest in the corporation;
 (j) the trustee of a trust in which the person holds a substantial interest;
 (k) if the person is the trustee of a trust—a person who holds a substantial interest in the trust;
 (l) if the person is a foreign government, a separate government entity or a foreign government investor in relation to a foreign country (or a part of a foreign country):
 (i) any other person that is a foreign government in relation to that country (or any part of that country); or
 (ii) any other person that is a separate government entity in relation to that country (or any part of that country); or
 (iii) any other foreign government investor in relation to that country (or any part of that country).
Note: A person may be taken to be an associate under section 79.

Additional associates in relation to interests in residential land
 (2) For an action taken relating to an interest in residential land (within the meaning of any of the paragraphs of subsection 12(1)), each of the following persons is also an associate of a person:
 (a) an entity that is not listed for quotation in the official list of a stock exchange if a relative of the person:
 (i) holds a substantial interest in the entity; or
 (ii) is a senior officer of the entity;
 (b) if the person is an entity (the first entity)—another entity (the second entity) if:
 (i) an individual holds a substantial interest in the first entity or is