Document ID: chunk:federal_register_of_legislation:C2024C00492:section:44:p16
Version: federal_register_of_legislation:C2024C00492
Segment Type: section
Provision Reference: s 44 (pt 16/41)
Character Range: 817582–820255

ascertaining the corporations with which the partnership is or has been connected.

694‑30  Business affairs of a trust
  A trust's business affairs include (without limitation):
 (a) the creation of the trust; and
 (b) matters arising under, or otherwise relating to, the terms of the trust; and
 (c) the appointment and removal of a trustee of the trust; and
 (d) the business, trading, transactions and dealings of the trustee of the trust; and
 (e) the profits, income and receipts of the trustee of the trust; and
 (f) the losses, outgoings and expenditure of the trustee of the trust; and
 (g) the trust property, including transactions and dealings in, and the income arising from, the trust property; and
 (h) the liabilities of the trustee of the trust; and
 (i) the management of the trust; and
 (j) any act done (including any contract made and any transaction entered into) by or on behalf of the trustee of the trust, or to or in relation to the trust, at a time when the trust is being wound up; and
 (k) matters concerned with ascertaining the corporations with which the trust is or has been connected.

694‑35  Meaning of court and Court
 (1) Subject to subsection (2), in this Act:
court means any court.
Court means any of the following courts:
 (a) the Federal Court;
 (b) the Supreme Court of a State or Territory;
 (c) the Federal Circuit and Family Court of Australia (Division 1);
 (d) a court to which section 41 of the Family Law Act 1975 applies because of a Proclamation made under subsection 41(2) of that Act.
 (2) Except where there is a clear expression of a contrary intention (for example, by use of the expression the Court), proceedings in relation to a matter under this Act may, subject to section 581‑30 and Part 14‑3, be brought in any court.
Note 1: Section 581‑30 requires certain proceedings relating to registered native title bodies corporate to be instituted in the Federal Court.
Note 2: The matters dealt with in Part 14‑3 include the applicability of limits on the jurisdictional competence of courts.

694‑40  Entities
  Except in Part 6‑6, a reference to an entity:
 (a) is a reference to a natural person, a body corporate (other than an exempt public authority within the meaning of the Corporations Act), a partnership or a trust; and
 (b) includes, in the case of a trust, a reference to the trustee of the trust.

694‑45  Entities connected with a corporation (including an Aboriginal and Torres Strait Islander corporation)

Body corporate
 (1) A body corporate is connected with a corporation if, and only if, the corporation:
 (a) can control, or influence materially, the body's activities or internal affairs; or