South Australian Consolidated Acts

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RACING (PROPRIETARY BUSINESS LICENSING) ACT 2000 - SECT 5

5—Close associates

Two persons are close associates if—

            (a)         one is a spouse, domestic partner, parent, brother, sister or child of the other; or

            (b)         they are members of the same household; or

            (c)         they are in partnership; or

            (d)         they are joint venturers; or

            (e)         one is a body corporate and the other is a director or executive officer of the body corporate; or

            (f)         one is a body corporate (other than a public company whose shares are quoted on a prescribed financial market) and the other is a shareholder in the body corporate; or

            (g)         one is a body corporate whose shares are quoted on a prescribed financial market and the other has a substantial holding in the body corporate; or

            (h)         one has a right to participate (otherwise than as a shareholder in a body corporate) in, or is remunerated by reference to, proceeds or profits derived from a business conducted by the other; or

                  (i)         one is in a position to exercise control or significant influence over the conduct of the other; or

            (j)         a chain of relationships can be traced between them under any one or more of the above paragraphs.



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