Document ID: chunk:federal_register_of_legislation:C2023A00076:clause:5_5
Version: federal_register_of_legislation:C2023A00076
Segment Type: clause
Provision Reference: sch 5 cl 5
Character Range: 303905–304474

5  After subsection 12(2)
Insert:
 (2A) For the purposes of paragraphs (2)(b) and (c), the second person is not an associate of the primary person in relation to a designated body merely because:
 (a) they have entered or propose to enter into a relevant agreement; and
 (b) one of them has or will have a right under the relevant agreement (whether the right is enforceable presently or in the future and whether or not on the fulfilment of a condition) to dispose of securities in the designated body or control the exercise of a power to dispose of the securities.