Document ID: chunk:federal_register_of_legislation:C2023A00076:clause:2_43a:p2
Version: federal_register_of_legislation:C2023A00076
Segment Type: clause
Provision Reference: sch 2 cl 43A (pt 2/2)
Character Range: 285894–287169

(6) This subsection applies to a body corporate if:
 (a) the body corporate is not a subsidiary of the life company; and
 (b) any of the following subparagraphs apply:
 (i) the body corporate is related to the life company;
 (ii) any of the assets of the body corporate are currently invested in a subsidiary of the life company, and subsection (5) applies to that subsidiary;
 (iii) any of the assets of the body corporate are currently invested in another body corporate, and this subsection applies to that other body corporate;
 (iv) any of the assets of the body corporate are currently invested in a trust or partnership, and subsection (7) applies to that trust or partnership.
 (7) This subsection applies to a trust or partnership if:
 (a) both:
 (i) any of the assets of the trust or partnership are currently invested in a subsidiary of the life company; and
 (ii) subsection (5) applies to that subsidiary; or
 (b) both:
 (i) any of the assets of the trust or partnership are currently invested in a body corporate; and
 (ii) subsection (6) applies to that body corporate; or
 (c) both:
 (i) any of the assets of the trust or partnership are currently invested in another trust or partnership; and
 (ii) this subsection applies to that other trust or partnership.