Document ID: chunk:federal_register_of_legislation:C2025C00134:section:70b
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 70B
Character Range: 497250–498572

70B  Part 8 associates of individuals
  For the purposes of this Part, each of the following is a Part 8 associate of an individual (the primary entity), whether or not the primary entity is in the capacity of trustee:
 (a) a relative of the primary entity;
 (b) if the primary entity is a member of a superannuation fund with no more than 6 members:
 (i) each other member of the fund; and
 (ii) if the fund is a single member self managed superannuation fund whose trustee is a company—each director of that company; and
 (iii) if the fund is a single member self managed superannuation fund whose trustees are individuals—those individuals;
 (c) a partner of the primary entity or a partnership in which the primary entity is a partner;
 (d) if a partner of the primary entity is an individual—the spouse or a child of that individual;
 (e) a trustee of a trust (in the capacity of trustee of that trust), where the primary entity controls the trust;
 (f) a company that is sufficiently influenced by, or in which a majority voting interest is held by:
 (i) the primary entity; or
 (ii) another entity that is a Part 8 associate of the primary entity because of another paragraph of this section or because of another application of this paragraph; or
 (iii) 2 or more entities covered by the preceding subparagraphs.