Document ID: chunk:federal_register_of_legislation:C2025C00014:section:318:p2
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 318 (pt 2/4)
Character Range: 1853043–1855753

if the controlling entity were the primary entity, would be associates of the controlling entity because of subsection (1), because of subparagraph (i) of this paragraph, because of another paragraph of this subsection or because of subsection (3);
 (e) another company (in this paragraph called the controlled company) where:
 (i) the controlled company is sufficiently influenced by:
 (A) the primary entity; or
 (B) another entity that is an associate of the primary entity because of another paragraph of this subsection; or
 (C) a company that is an associate of the primary entity because of another application of this paragraph; or
 (D) 2 or more entities covered by the preceding sub‑subparagraphs; or
 (ii) a majority voting interest in the controlled company is held by:
 (A) the primary entity; or
 (B) the entities that are associates of the primary entity because of subparagraph (i) of this paragraph and the other paragraphs of this subsection; or
 (C) the primary entity and the entities that are associates of the primary entity because of subparagraph (i) of this paragraph and the other paragraphs of this subsection;
 (f) any other entity that, if a third entity that is an associate of the primary entity because of paragraph (d) of this subsection were the primary entity, would be an associate of that third entity because of subsection (1), because of another paragraph of this subsection or because of subsection (3).
 (3) For the purposes of this Part, the following are associates of a trustee (in this subsection called the primary entity):
 (a) any entity that benefits under the trust;
 (b) if a natural person benefits under the trust—any entity that, if the natural person were the primary entity, would be an associate of that natural person because of subsection (1) or because of this subsection;
 (c) if a company is an associate of the primary entity because of paragraph (a) or (b) of this subsection—any entity that, if the company were the primary entity, would be an associate of the company because of subsection (2) or because of this subsection.
 (4) For the purposes of this Part, the following are associates of a partnership (in this subsection called the primary entity):
 (a) a partner in the partnership;
 (b) if a partner in the partnership is a natural person—any entity that, if that natural person were the primary entity, would be an associate of that natural person because of subsection (1) or (3);
 (c) if a partner in the partnership is a company—any entity that, if the company were the primary entity, would be an associate of the company because of subsection (2) or (3).
 (5) In determining, for the purposes of this section, whether an entity is