Page 2167 - Week 07 - Thursday, 20 August 2020

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(c) a person whose voting power in the corporation or a related body corporate is more than 20%;

(d) any domestic partner of a person mentioned in paragraph (b) or (c);

(e) if the corporation or a related body corporate is a stapled entity in relation to a stapled security—the other stapled entity in relation to the stapled security;

(f) if the corporation is a trustee, manager or responsible entity in relation to a trust—

(i) for a unit trust—a person who holds more than 20% of the units in the trust; or

(ii) for a discretionary trust—a person who is a beneficiary of the trust;

(g) any other person or body prescribed by regulation.

Note  Power to make a regulation includes power to make different provision in relation to different matters or different classes of matters, and to make a regulation that applies differently by reference to stated exceptions or factors (see Legislation Act, s 48).

corporate group means—

(a) a corporation; and

(b) any close associate of the corporation.

officer—see the Corporations Act, section 9.

stapled entity

(a) means an entity the interests in which are traded along with the interests of another entity as a stapled security; and

(b) for a stapled entity that is a trust—includes any trustee, manager or responsible entity for the trust.

voting power—see the Corporations Act, section 9.

10BSection 222 heading

substitute

222Restrictions on acceptance of anonymous gifts

7

Clause 11

Proposed new division 14.4A heading

Page 5, line 5—

omit the heading, substitute

Division 14.4AGifts from prohibited donors

Subdivision 14.4A.1Preliminary

8

Clause 11

Proposed new section 222A (1) (b)

Page 5, line 9—

after

close associate

insert


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