Definition of key personnel
11A Definition of key personnel
Each of the following is one of the key personnel of a person or entity:
a member of the group of persons who is responsible for the executive decisions of the person or entity;
any other person who has authority or responsibility for (or significant influence over) planning, directing or controlling the activities of the person or entity.
Without limiting paragraph (1)(a), a reference in that paragraph to a person who is responsible for the executive decisions of a person or entity includes:
if the person or entity is a body corporate that is incorporated, or taken to be incorporated, under the Corporations Act 2001—a director of the body corporate for the purposes of that Act; and
in any other case—a member of the person’s or entity’s governing body.
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