Meaning of "associate"
3A Meaning of "associate"
For the purposes of this Act, a person is taken to be an associate of an applicant for a liquor licence or liquor permit, or of a licensee or permit holder if – the person holds, or will hold, any relevant financial interest, or is, or will be, entitled to exercise any relevant power (whether in right of the person or on behalf of any other person) in the business of the applicant, licensee or permit holder and, by virtue of that interest or power, is able, or will be able, to exercise a significant influence over, or with respect to, the management or operation of that business; or the person holds, or will hold, any relevant position, whether in right of the person or on behalf of any other person, in the business of the applicant, licensee or permit holder; or the person is a relative of the applicant, licensee or permit holder; or the Commissioner is satisfied that the person could exercise a significant influence over the applicant, licensee or permit holder.
In this section – relative means a spouse, partner, parent, child or sibling (whether full blood or half-blood); relevant financial interest, in respect of a business, means – any share in the capital of the business; or any entitlement to receive any income derived from the business; relevant position, in respect of a business, means – the position of director, manager or other executive position or secretary, however that position is designated in that business; or if that business is conducted in premises in respect of which a liquor licence is in force, the licensee; or if that business is conducted in premises in respect of which a permit is in force, the permit holder; relevant power means any power, whether exercisable by voting or otherwise and whether exercisable alone or in association with others – to participate in a directorial, managerial or executive decision; or to elect or appoint any person to any relevant position.
This Act’s bill:Explanatory notesSecond reading speech
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