S. 19(2) substituted by No. 28/2011 s. 35(1). (2) A share or option is granted to a person if— (a) another person transfers the share or option to that person (other than, in the case of a share, by issuing the share to that person); or (b) in the case of a share—another person allots the share to that person; or (c) in the case of an option—another person confers the option on, or otherwise creates the option in, that person; or (d) the person otherwise acquires a legal interest in the share or option from another person; or (e) the person acquires a beneficial interest in the share or option from another person. S. 19(2A) inserted by No. 28/2011 s. 35(1). (2A) To avoid doubt, if an employee acquires a right to be granted a share or an option, or some other material benefit, at the election of the employer, the share or option is not granted until the employer elects to grant the share or option. S. 19(3) substituted by No. 28/2011 s. 35(2). (3) The vesting date in respect of a share is one of the following dates (whichever happens first)— (a) the date on which the share vests in the employee (that is, when any conditions applying to the grant of the share have been met and the employee's legal or beneficial interest in the share cannot be rescinded); (b) the date at the end of the period of 7 years from the date on which the share is granted to the employee. S. 19(4) substituted by No. 28/2011 s. 35(2). (4) The vesting date in respect of an option is one of the following dates (whichever happens first)— (a) the date on which the share to which the option relates is granted to the employee;
private company that is a related body corporate of the company within the meaning of the Corporations Act; (d) a natural person and a trustee are related persons if the natural person is a beneficiary of the trust (not being a public unit trust scheme) of which the trustee is a trustee; (e) a private company and a trustee are related persons if the company, or a majority shareholder or director of the company, is a beneficiary of the trust (not being a public unit trust scheme) of which the trustee is a trustee. S. 73(5) substituted by No. 12/2008 s. 73(1)(Sch. 1 item 45.2). (5) For the purposes of the definition of domestic partner in subsection (4)— S. 73(5)(a) amended by No. 4/2009 s. 37(Sch. 1 item 19.2(a)). (a) registered domestic relationship has the same meaning as in the Relationships Act 2008; and S. 73(5)(b) amended by No. 4/2009 s. 37(Sch. 1 item 19.2(b)). (b) in determining whether persons who are not in a registered domestic relationship are domestic partners of each other, all the circumstances of their relationship are to be taken into account, including any one or more of the matters referred to in section 35(2) of the Relationships Act 2008 as may be relevant in a particular case. S. 74 substituted by No. 31/2008 s. 22. 74 Smaller groups subsumed by larger groups (1) If a person is a member of 2 or more groups, the members of all the groups together constitute a group. (2) If 2 or more members of a group have together a controlling interest in a business (within the
(1) An employer who is not already registered must apply for registration as an employer under this Act if— S. 86(1)(a) amended by Nos 31/2008 s. 23, 40/2016 s. 33(1)(a). (a) during a month the employer pays or is liable to pay, anywhere, wages of more than the weekly threshold amount that are wholly or partly taxable wages; or S. 86(1)(b) amended by No. 40/2016 s. 33(1)(b). (b) the employer is a member of a group the members of which together during a month pay or are liable to pay, anywhere, wages of more than the weekly threshold amount that are wholly or partly taxable wages. (2) The application for registration is to be made to the Commissioner in a form and manner approved by the Commissioner within 7 days after the end of the month concerned. (3) The Commissioner is to register the applicant as an employer under this Act. (4) The Commissioner may cancel the registration of a person as an employer if satisfied that the person has ceased to pay or to have a liability to pay wages as described in subsection (1). (5) If the Commissioner cancels the registration of a person as an employer in any financial year and that person subsequently pays or is liable to pay taxable wages during that financial year, the person may, despite the fact that the person is not required to apply for registration, apply to the Commissioner (in a form and manner approved by the Commissioner) for registration as an employer, and the Commissioner is then to register the person as an employer under this Act. S. 86(6) inserted by No. 40/2016 s. 33(2). (6) In this section, weekly threshold amount means— (a) for the financial year commencing on 1 July 2016—$11 057 per week;
(a) if notice has been given under subclause (2) and no determination under subclause (5) is in force—the amount specified in the most recent notice given under subclause (2); or (b) if a determination is in force under subclause (5)—the amount specified in the determination. (2) From time to time, the designated group employer may give a notice to the Commissioner, containing the information required by the Commissioner, of an amount, calculated in accordance with subclause (3), that the employer claims to be the group's deductible amount for that month and subsequent months. Sch. 2 cl. 10(3) amended by No. 40/2016 s. 40(a)(b). (3) The amount is to be calculated in accordance with the following formula— where— BDA is the base deductible amount; D is the deductible amount per month; T represents the estimated taxable wages payable by the group in the financial year in which D will be applied; I represents the estimated interstate wages payable by the group in the financial year in which D will be applied. (4) The deductible amount claimed cannot be more than the amount referred to in clause 9(1). (5) At any time, the Commissioner may, by notice in writing to the designated group employer, determine an amount, not more than the amount referred to in clause 9(1), as the deductible amount for the group for one or more months specified in the determination.
ambulance service means an ambulance service created under section 23 of the Ambulance Services Act 1986; Sch. 2 cl. 17(2) def. of community health centre repealed by No. 79/2008 s. 20(2)(a). * * * * * denominational hospital means a hospital listed in Schedule 2 to the Health Services Act 1988; multi-purpose service means— (a) a body referred to in section 115V(2) of the Health Services Act 1988; or (b) a body declared under Part 4A of that Act to be a multi-purpose service; non-profit hospital means a hospital carried on by a body corporate, society or association (otherwise than for the purpose of profit or gain to the individual members of the body corporate, society or association); public health service means a public health service listed in Schedule 5 to the Health Services Act 1988; Sch. 2 cl. 17(2) def. of public hospital amended by No. 79/2008 s. 20(2)(b). public hospital means a hospital listed in Schedule 1 to the Health Services Act 1988;