Officers or partners of persons to whom scheme applies
31 Officers or partners of persons to whom scheme applies
If a scheme applies to a body corporate, the scheme also applies to each officer of the body corporate.
If a scheme applies to a person, the scheme also applies to each partner of the person.
However, if an officer of a body corporate or a partner of a person is entitled to be a member of the same occupational association as the body corporate or person, but is not a member, the scheme does not apply to that officer or partner.
In this section —
officer —
in relation to a body corporate that is a corporation as defined in the Corporations Act 2001 (Commonwealth) section 57A, has the meaning given in section 9 of that Act; and
in relation to a body corporate that is not a corporation as so defined, means any person (by whatever name called) who is concerned in or takes part in the management of the body corporate.
[Section 31 inserted: No. 25 of 2004 s. 12; amended: No. 3 of 2010 s. 26.]
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