Commonwealth Numbered Regulations Commonwealth Numbered Regulations(1) In this instrument, corporation includes the following:
(a) a company;
(b) a body corporate;
(c) an unincorporated body that, under the law of the place where the body is formed, may:
(i) sue or be sued; or
(ii) hold property in the name of the secretary of the body or an office holder of the body appointed for that purpose;
(d) a corporation registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 ;
(e) a trade union.
(2) However, corporation does not include the following:
(a) a corporation sole;
(b) a small business;
(c) an unincorporated not-for-profit association;
(d) a public authority.
(3) For paragraph (2)(b), a small business is a business with:
(a) no more than 19 employees; and
(b) a total turnover of less than $2 million each year.
(4) For paragraph (2)(c), a not-for-profit association is a society, club, institution or body that is not formed for the purpose of trading or securing pecuniary profit from its transactions for its members.
(5) A corporation is not required to be subject to the Corporations Act 2001 to be a corporation for the purposes of this instrument.