Document ID: chunk:federal_register_of_legislation:F2025L00251:reg:7
Version: federal_register_of_legislation:F2025L00251
Segment Type: reg
Provision Reference: reg 7
Character Range: 2858–3727

7  Circumstances affecting relationship with company or trust

        1.     The Commission must consider whether there are relevant circumstances that make it inappropriate for the individual to be an attributable stakeholder of the company or trust.

        2.     For subsection (1), relevant circumstances include the extent to which the relationship between the individual and the company or trust is affected by any of the following circumstances:

           1.     circumstances arising from the legal structure of the company or trust;
           2.     circumstances arising from the administrative arrangements of the company or trust;
           3.     whether, having regard to the relationship between the individual and the company or trust, the individual can reasonably be expected to exercise effective control in relation to the company or trust.