Definitions for division
369M Definitions for division
In this division—associated entity has the meaning given by the Corporations Act, section 50AAA.financial interest, in a company, means a direct or indirect interest in—
shares in the company; or
a mortgage, charge or other security given by the company; or
income or revenue of the company.
high risk company means—
a company that is an externally-administered body corporate within the meaning given by the Corporations Act, section 9; or
a company that is an associated entity of a company mentioned in paragraph (a).
interest means a legal or equitable interest.related person...relevant activity, in relation to a company, means an activity—
that was, or is being, carried out by the company under an environmental authority; or
that was, or is being, carried out by the company and has caused, or is causing or likely to cause, serious or material environmental harm.
This Act’s bill:Explanatory memorandum
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