Document ID: chunk:federal_register_of_legislation:C2024C00680:section:2:p2
Version: federal_register_of_legislation:C2024C00680
Segment Type: section
Provision Reference: s 2 (pt 2/3)
Character Range: 335919–338433

foreign government body; or
 (iii) a foreign company;
  holds, in total, a particular type of stake in the company of not less than 40%; or
 (e) the trustee of a trust estate in which:
 (i) a foreign citizen not ordinarily resident in Australia; or
 (ii) a foreign government body; or
 (iii) a foreign company;
  holds a substantial interest; or
 (f) the trustee of a trust estate in which 2 or more persons, each of whom is:
 (i) a foreign citizen not ordinarily resident in Australia; or
 (ii) a foreign government body; or
 (iii) a foreign company;
  hold an aggregate substantial interest.
group includes:
 (a) one person alone; or
 (b) a number of persons, even if they are not in any way associated with each other or acting together.
increase, in relation to a stake in a company, includes an increase from a starting point of nil.
interest in a share has the meaning given by clause 8.
officer, in relation to a company, includes:
 (a) a director, secretary or employee of the company; or
 (b) a receiver and manager of any part of the undertaking of the company appointed under a power contained in any instrument; or
 (c) a liquidator of the company appointed in a voluntary winding‑up.
ordinarily resident in Australia has the meaning given by clause 3.
ownership provisions means Part 3 and this Schedule.
parent: without limiting who is a parent of a person for the purposes of Part 3 and this Schedule, someone is the parent of a person if the person is his or her child because of the definition of child in this clause.
power to appoint a director of a company has a meaning affected by clause 6.
practical control, in relation to an airport‑operator company, has the meaning given by section 55.
relative, in relation to a person, means:
 (a) the person's spouse; or
 (b) a de facto partner of the person within the meaning of the Acts Interpretation Act 1901; or
 (c) a parent or remoter lineal ancestor of the person; or
 (d) a child or remoter issue of the person; or
 (e) a brother or sister of the person.
Note: See also subclause (2).
share, in relation to a company, means a share in the share capital of the company, and includes:
 (a) stock into which any or all of the share capital of the company has been converted; or
 (b) an interest in such a share or in such stock.
stake, in relation to a company, has the meaning given by clause 11.
substantial interest, in relation to a trust estate, has the meaning given by clause 13.
voting power has the meaning given by clause 10.
 (2) For