Commonwealth Consolidated Acts

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 70C

    For the purposes of this Part, each of the following is a Part   8 associate of a company (the primary entity ), whether or not the primary entity is in the capacity of trustee:

  (a)   a partner of the primary entity or a partnership in which the primary entity is a partner;

  (b)   if a partner of the primary entity is an individual--the spouse or a child of that individual;

  (c)   a trustee of a trust (in the capacity of trustee of that trust), where the primary entity controls the trust;

  (d)   another entity (in this paragraph called the controlling entity ) where the primary entity is sufficiently influenced by, or a majority voting interest in the primary entity is held by:

  (i)   the controlling entity; or

  (ii)   another entity that is a Part   8 associate of the controlling entity because of section   70B or 70D, another paragraph of this section or another application of this paragraph; or

  (iii)   2 or more entities covered by the preceding subparagraphs;

  (e)   another company (in this paragraph called the controlled company ) where the controlled company is sufficiently influenced by, or where a majority voting interest in the controlled company is held by:

  (i)   the primary entity; or

  (ii)   another entity that is a Part   8 associate of the primary entity because of another paragraph of this section or because of another application of this paragraph; or

  (iii)   2 or more entities covered by the preceding subparagraphs;

  (f)   if a third entity is a Part   8 associate of the primary entity because of paragraph   (d) of this subsection--an entity that is a Part   8 associate of that third entity because of section   70B or 70D or because of another paragraph of this section.