Document ID: chunk:federal_register_of_legislation:C2015A00150:clause:1_4:p3
Version: federal_register_of_legislation:C2015A00150
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 3/7)
Character Range: 11592–14313

a corporation.
engage in conduct includes fail or refuse to engage in conduct.
enters has a meaning affected by section 25.
entity means a corporation or a unit trust.
established dwelling means a dwelling (except commercial residential premises) on residential land that is not a new dwelling.
exemption certificate means a certificate given under:
 (a) section 57, 58 or 59; or
 (b) regulations made for the purposes of section 63.
foreign corporation means a foreign corporation to which paragraph 51(xx) of the Constitution applies.
foreign entity means an entity that is not an Australian entity.
foreign government means an entity (within the ordinary meaning of the term) that is:
 (a) a body politic of a foreign country; or
 (b) a body politic of part of a foreign country; or
 (c) a part of a body politic mentioned in paragraph (a) or (b).
foreign government investor has the meaning prescribed by the regulations.
foreign person means:
 (a) an individual not ordinarily resident in Australia; or
 (b) a corporation in which an individual not ordinarily resident in Australia, a foreign corporation or a foreign government holds a substantial interest; or
 (c) a corporation in which 2 or more persons, each of whom is an individual not ordinarily resident in Australia, a foreign corporation or a foreign government, hold an aggregate substantial interest; or
 (d) the trustee of a trust in which an individual not ordinarily resident in Australia, a foreign corporation or a foreign government holds a substantial interest; or
 (e) the trustee of a trust in which 2 or more persons, each of whom is an individual not ordinarily resident in Australia, a foreign corporation or a foreign government, hold an aggregate substantial interest; or
 (f) a foreign government; or
 (g) any other person, or any other person that meets the conditions, prescribed by the regulations.
Note: In certain circumstances, an associate of a foreign person may be taken to be a foreign person even if the associate is not a foreign person (see subsection 54(7)).
general meeting of an entity means:
 (a) for a corporation—a general meeting of the corporation; or
 (b) for a unit trust—a general meeting of the unit holders of the trust.
holding entity has the meaning given by subsection 21(4).
independent director has the meaning given by section 7.
interest:
 (a) in a security—has the meaning given by section 9; and
 (b) in an asset—has the meaning given by section 10; and
 (c) in a trust—has the meaning given by section 11; and
 (d) in Australian land—has the meaning given by section 12; and
 (e) of a specified percentage in an entity—has the meaning given by section 17.
Note: For other rules relating to interests in