Australian Capital Territory Current Acts

GAMING MACHINE ACT 2004 - SECT 8

    (1)     In this Act:

"influential person", for a corporation—

        (a)     means any of the following:

              (i)     an executive officer of the corporation;

              (ii)     a related corporation;

              (iii)     an executive officer of a related corporation;

              (iv)     an influential owner; and

        (b)     includes a person who, though not mentioned in paragraph (a), can exercise as much influence over the actions of the corporation as someone mentioned in that paragraph.

Note     Corporation includes a club (see dict).

    (2)     In this section:

"influential owner", of a corporation, means a person who, whether directly or through intermediary corporate ownership or nominees—

        (a)     can control 5% of the votes at an annual general meeting of the corporation; or

        (b)     can control the appointment of a director of the corporation.

"related corporation" means a related body corporate under the Corporations Act

.