Corporations Act 2001

An entity that controls a public company is a related party of the public company.

The following persons are related parties of a public company:

directors of the public company;

directors (if any) of an entity that controls the public company;

if the public company is controlled by an entity that is not a body corporate—each of the persons making up the controlling entity;

spouses of the persons referred to in paragraphs (a), (b) and (c).

The following relatives of persons referred to in subsection (2) are related parties of the public company:

parents;

children.

An entity controlled by a related party referred to in subsection (1), (2) or (3) is a related party of the public company unless the entity is also controlled by the public company.

An entity is a related party of a public company at a particular time if the entity was a related party of the public company of a kind referred to in subsection (1), (2), (3) or (4) at any time within the previous 6 months.

An entity is a related party of a public company at a particular time if the entity believes or has reasonable grounds to believe that it is likely to become a related party of the public company of a kind referred to in subsection (1), (2), (3) or (4) at any time in the future.

An entity is a related party of a public company if the entity acts in concert with a related party of the public company on the understanding that the related party will receive a financial benefit if the public company gives the entity a financial benefit.