Document ID: chunk:federal_register_of_legislation:F2022C00026:reg:12
Version: federal_register_of_legislation:F2022C00026
Segment Type: reg
Provision Reference: reg 12
Character Range: 54610–55509

12  Meaning of eligible business participant
 (1) An individual is the eligible business participant for an entity for a fortnight if:
 (a) the individual is not employed by the entity at any time in the fortnight; and
 (b) the individual satisfies the requirements in subsection (2) at a time in the fortnight; and
 (c) the individual satisfies the requirements in subsections (3) and (4); and
 (d) the individual is not excluded from being the eligible business participant for the entity for the fortnight under subsection (6).

Business participation requirements
 (2) The requirements are satisfied at a time if, at that time:
 (a) the individual is actively engaged in the business carried on by the entity; and
 (b) the individual is covered by column 2 of the applicable item of the following table.

Item  Column 1              Column 2
      If the entity is a …  The individual must be …