Commonwealth Consolidated Acts

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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 686.15

Exclusions

  (1)   A person is not an associate of another person by virtue of subsection   686 - 10(1), or by virtue of subsection   686 - 10(2) as it applies in relation to subsection   686 - 10(1), merely because of one or more of the following:

  (a)   one gives advice to the other, or acts on the other's behalf, in the proper performance of the functions attaching to a professional capacity or a business relationship;

  (b)   one has appointed the other, otherwise than for valuable consideration given by the other or by an associate of the other, to vote as a proxy or representative at a meeting of members, or of a class of members, of a body corporate.

  (2)   A person who is a common law holder of native title is not an associate of another person by virtue of subsection   686 - 10(1), or by virtue of subsection   686 - 10(2) as it applies in relation to subsection   686 - 10(1), merely because a Native Title legislation obligation has been complied with.


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