Document ID: chunk:federal_register_of_legislation:C2025C00135:section:129
Version: federal_register_of_legislation:C2025C00135
Segment Type: section
Provision Reference: s 129
Character Range: 207477–208450

129  Related bodies corporate
  The question whether bodies corporate are related to each other for the purposes of this Part is to be determined in the same way as the question whether bodies corporate are related to each other would be determined under the Corporations Act 2001 if, in section 46 of that Act:
 (a) the reference to a body corporate that is in a position to cast, or control the casting of, more than one‑half of the maximum number of votes that might be cast at a general meeting of another body corporate were a reference to a body corporate that is in a position to cast, or control the casting of, more than one‑quarter of that number of votes; and
 (b) the reference to a body corporate holding more than one‑half of the issued share capital of another body corporate were a reference to a body corporate holding more than one‑quarter of the issued share capital of another body corporate.

Division 2—Monitoring life companies and registered NOHCs