Document ID: chunk:federal_register_of_legislation:C2015A00150:clause:1_4:p2
Version: federal_register_of_legislation:C2015A00150
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 2/7)
Character Range: 9013–11853

hold more than 50% of the beneficial interests in the income or property of the unit trust; or
 (e) that is listed for quotation in the official list of a stock exchange in Australia.
change in control has the meaning given by section 54.
civil penalty provision has the same meaning as in the Regulatory Powers Act.
commercial land means land in Australia or the seabed of the offshore area, other than land:
 (a) used wholly and exclusively for a primary production business; or
 (b) on which there is at least one dwelling (except commercial residential premises); or
 (c) on which the number of dwellings (except commercial residential premises) that could reasonably be built is less than the number prescribed by the regulations for the purposes of subparagraph (a)(ii) of the definition of residential land in this section.
commercial residential premises has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.
Commonwealth entity has the same meaning as in the Public Governance, Performance and Accountability Act 2013.
Commonwealth, State or Territory body includes a Department of State, or an authority or agency, of the Commonwealth, a State or a Territory.
consideration has the meaning prescribed by the regulations.
constituent document of an entity means any rules or other document constituting or establishing the entity or governing its activities, and includes:
 (a) for a corporation—the constitution of the corporation; and
 (b) for a unit trust—the trust deed for the trust.
controls:
 (a) the voting power—has the meaning given by section 23; and
 (b) an entity or business—has the meaning given by subsections 54(4) and (5).
debenture includes:
 (a) debenture stock, bonds and notes; and
 (b) any other document evidencing or acknowledging indebtedness of an entity, whether or not constituting a charge on the assets of the entity.
decision period has the meaning given by subsection 77(5).
determines the policy of a business of exploiting a mining or production tenement has a meaning affected by section 24.
development means one or more multi‑storey buildings if:
 (a) the buildings will be, are being or have been built; and
 (b) the buildings are or were under one development approval; and
 (c) the number of independent self‑contained dwellings (other than townhouses) that the buildings contain or will contain is at least the number prescribed by the regulations.
direct interest has the meaning prescribed by the regulations.
director includes any person occupying the position of director (however described) of a corporation.
engage in conduct includes fail or refuse to engage in conduct.
enters has a meaning affected by section 25.
entity means a corporation or a unit trust.
established dwelling means a dwelling (except commercial residential premises) on residential