Document ID: chunk:federal_register_of_legislation:C2005C00495:clause:1_1
Version: federal_register_of_legislation:C2005C00495
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 6165–7200

1  Subsection 5(1)
Insert:

related entity, in relation to a person, means any of the following:
 (a) a relative of the person;
 (b) a body corporate of which the person, or a relative of the person, is a director;
 (c) a body corporate that is related to the body corporate referred to in paragraph (b);
 (d) a director, or a relative of a director, of a body corporate referred to in paragraph (b) or (c);
 (e) a beneficiary under a trust of which the person, or a relative of the person, is a trustee;
 (f) a relative of such a beneficiary;
 (g) a relative of the spouse of such a beneficiary;
 (h) a trustee of a trust under which the person, or a relative of the person, is a beneficiary;
 (i) a member of a partnership of which the person, or a relative of the person, is a member;
For the purposes of paragraph (c) of this definition, the question whether a body corporate is related to another body corporate is to be determined in the same manner as that question is determined for the purposes of the Corporations Act 2001.