Document ID: chunk:federal_register_of_legislation:C2025A00016:clause:1_16
Version: federal_register_of_legislation:C2025A00016
Segment Type: clause
Provision Reference: sch 1 cl 16
Character Range: 21415–22638

16  After subsection 287(8)
Insert:

Entities that are both a significant third party and an associated entity
 (8A) If, at a time, an entity is registered as both:
 (a) a significant third party; and
 (b) an associated entity;
then the entity is, for the purposes of this Part, to be treated at that time as if it were only an associated entity.

Branches of associated entities
 (8B) An associated entity that has a branch that is also an associated entity is, for the purposes of this Part, to be treated as a separate associated entity from the branch.

Associated entity that is a body corporate that is related to another body corporate
 (8C) If an associated entity is a body corporate that is related to another body corporate, then, despite subsection (6), the associated entity is, for the purposes of this Part, to be treated as a separate person from the other body corporate.

Significant third party or third party that has a branch that is an associated entity
 (8D) If a significant third party or a third party has a branch that is an associated entity, then, despite subsection (8), the branch is, for the purposes of this Part, to be treated as separate from the significant third party or third party.