Corporations act definition of associate
Webcode company has the meaning set out in section 2 (1) of the Takeovers Act 1993 company means— (a) a company registered under Part 2: (b) a company reregistered under this Act in accordance with the Companies Reregistration Act 1993 WebAssociated entities are businesses or other bodies that are connected to each other in some way. For example, when 1 business owns or controls the other business for the purpose of a transfer of business. Section 50AAA of …
Corporations act definition of associate
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WebMar 31, 2024 · An associate company, in its broadest sense, is a corporation in which a parent company possesses an ownership stake. Usually, the parent company owns only a minority stake of the associate... Webassociated. A corporation is associated with another in a taxation year if at any time in the year one of the following situations exist: 1. controlled, directly or indirectly in any manner whatever, the other. A 51% B Recall that where "controlled, directly or indirectly in …
WebCORPORATIONS ACT 2001 - SECT 50AA Control (1) For the purposes of this Act, an entity controls a second entity if the first entity has the capacity to determine the outcome of decisionsabout the second entity's financial and operating policies. (2) In determining whether the first entity has this capacity: WebBroadly speaking, this defines three different types of ‘associates’: (i) a person who controls another person, or two persons who are controlled by the same third person; (ii) …
WebIn that context, under section 50AAA of the CA 2001, one entity (first employer) is an associated entity of the other (second employer) where any of the following apply: The first employer and the second employer are related bodies corporate ( … WebAug 7, 2013 · director or member of the body or of a related body corporate; relative of such a director or member; relative of a spouse of such a director or member; body corporate that is related to the first-mentioned body; beneficiary under a trust of which the first-mentioned body is or has at any time been a trustee; relative of such a beneficiary;
WebFeb 16, 2016 · one of the corporations is controlled by one person and that person is related to each member of an unrelated group that controls the other corporation; any member of a related group that …
Weba personwith whom the bidderor holderis acting, or proposes to act, in concert in relation to the body's affairs. Otherwise a person's associatesare determined under sections 10 to … takeout scarboroughWebThe definition sets out three categories of persons who are the associates of: a bidder making a takeover offer, a substantial shareholder, or a 90% holder (a 90% holder may … takeout sauce containershttp://www5.austlii.edu.au/au/legis/cth/num_act/ca2001172/s228.html twitch dogayoutubeWebFor the purposes of the Income Tax Assessment Act 1936 (Cth) ( ITAA 1936 ), an associate of an entity (the primary entity ), being a company, partnership or trust, is any of the persons listed in section 318 of the ITAA 1936 and includes, among other things, entities that are sufficiently influenced by the primary entity (See Legal update, High … twitch doesnt workWebDefinitions. 1 (1) In this Act: "affidavit", when used in relation to a person, means, (a) if the person is an individual, an affidavit or statutory declaration of the individual, (b) if the person is a corporation, an affidavit or statutory declaration of a director or officer of the corporation, (c) if the person is a partnership, an affidavit or statutory declaration of a … twitch doctorWebNov 1, 2024 · “Associate company”, in relation to another company, means a company in which that other company has a significant influence, but which is not a subsidiary company of the company having such influence and includes a joint venture company. Explanation. takeout scheduleWeb(1) An entitythat controlsa public companyis a related partyof the public company. Directorsand their spouses (2) The following personsare related parties of a public … take outs bust pads