Australian Capital Territory Current Acts

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PUBLIC UNLEASED LAND ACT 2013 - SECT 42

Who is an influential person for a corporation?—pt 3

    (1)     In this part:

"influential person", for a corporation, means any of the following:

        (a)     an executive officer of the corporation;

        (b)     a person who may exercise a relevant power in relation to the corporation;

        (c)     a related corporation;

        (d)     an executive officer of a related corporation.

    (2)     In this section:

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

.

"relevant power", for a corporation, means a power—

        (a)     to take part in a directorial, managerial or executive decision for the corporation; or

        (b)     to elect or appoint a person as an executive officer in the corporation; or

        (c)     to exercise a significant influence in relation to the conduct of the corporation.



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