Document ID: chunk:federal_register_of_legislation:F2022C00001:body:0:p7
Version: federal_register_of_legislation:F2022C00001
Segment Type: other
Provision Reference: 
Character Range: 15438–18114

other persons as part of a trial or test phase;

    Property means any property including any good and any proprietary right or interest;

    Quarter means a 3 month period ending on 30 June, 30 September, 31 December or 31 March;

    Reference Period means a 12 month period ending on the last day of a Quarter;

    Regular Price means, in relation to Property or a service, a supplier and a Direct Issuer Participant at any time, the price at which the supplier is regularly supplying Property or services of the same description to entities of a class, group or type that includes the Direct Issuer Participant at that time;

    Related Body Corporate has the meaning given in the Corporations Act 2001;

    Relevant Portion has the meaning given to it in clause 5.2;

    Reporting Period means a 12 month period ending 30 June;

    Rules of a Scheme or Rules of the Scheme means the constitution, rules, by-laws, procedures and instruments of the relevant Scheme as applied in Australia, and any other arrangement relating to the Scheme by which participants in that Scheme in Australia are, or consider themselves to be, bound;

    Sponsor means a participant in a Scheme in Australia who has accepted responsibility in whole or in part for, or to act as agent for, another entity under and in accordance with the Rules of the Scheme so that the other entity may participate in the Scheme and Sponsorship has a corresponding meaning;

    include or including or such as when introducing an example do not limit the meaning of the words to which the example relates to that example or examples of a similar kind; and

    terms defined in the Act have the same meaning in this Standard.

    2.4 For the purposes of this Standard:

       (a) a provision of a plan, arrangement or agreement shall be deemed to have a particular purpose if the provision was included in the plan, arrangement or agreement by a party or parties for purposes that include that purpose and that purpose was a substantial purpose; and

       (b) conduct including the payment or receipt of a fee or the giving of a benefit or other valuable consideration shall be deemed to have been made for a particular purpose if the person undertaking the conduct, payment or receipt did so for purposes that include that purpose and that purpose was a substantial purpose.

    2.5 Each participant in a Scheme must do all things necessary on its part to ensure compliance with this Standard.

    2.6 If any part of this Standard is invalid, this Standard is ineffective only to the extent of such part without invalidating the remaining parts of this Standard.

    2.7 This Standard is to be