Document ID: chunk:federal_register_of_legislation:C2019A00005:clause:2_1073aaa:p2
Version: federal_register_of_legislation:C2019A00005
Segment Type: clause
Provision Reference: sch 2 cl 1073AAA (pt 2/2)
Character Range: 59041–59627

has one or more shareholders; and
 (ii) each shareholder is a member of the person's family group.
family group, in relation to a person, means the group consisting of the person and the family members of the person. If the person has no family members, the person is taken to be a family group in the person's own right.
Note: For family member, see subsection 23(1).
family trust, in relation to a person, means a trust where a member of the person's family group benefits, or is capable (whether by the exercise of a power of appointment or otherwise) of benefiting, under the trust.