Related entities taken into account when determining whether business entity is significant entity
5 Related entities taken into account when determining whether business entity is significant entity
For the purpose of determining whether a business entity is a significant entity in relation to a financial year —
the number of employees of the business entity is taken to include the number of employees of any related entity to the business entity; and
the amount of regulated e‑waste (determined according to weight) created by the business entity is taken to include the amount of regulated e‑waste created by any related entity of the business entity.
For the purposes of subregulation (1), 2 or more entities are related entities if they are related bodies corporate under the Corporations Act 2001 (Commonwealth) section 9.
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