Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:3_257
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 3 cl 257
Character Range: 585384–586197

257  Section 9 (definition of associate)
Repeal the definition, substitute:

associate: The following are the associates of a bidder making a takeover offer, a substantial holder or a 90% holder:
 (a) if the bidder or holder is a body corporate:
 (i) a body corporate it controls; or
 (ii) a body corporate that controls it; or
 (iii) a body corporate that is controlled by an entity that controls it
 (b) a person with whom the bidder or holder has, or proposes to enter into, a relevant agreement for the purpose of controlling or influencing the composition of the body's board or the conduct of the body's affairs
 (c) a person with whom the bidder or holder is acting, or proposes to act, in concert in relation to the body's affairs.
Otherwise a person's associates are determined under sections 10 to 17.