12
CurrentAssociates
Volume 1Parts 1 to 15 (sections 1 to 127)
Part 1Preliminary
Division 2Interpretation
12 Associates
(1)
The question whether a person is an associate of another person for the purposes of this Act is to be determined in the same way as that question would be determined under the Corporations Act 2001 if the assumptions set out in subsection (2) were made.
(2)
The assumptions are as follows:
(a)
that sections 12 and 14 and paragraphs 15(1)(b) and 16(1)(b) and (c) of that Act had not been enacted;
(b)
that section 13 of that Act were not limited to Chapter 7, but extended to all provisions of that Act.
This Act’s bill:Second reading speech
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