New South Wales Consolidated Acts

STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 7

7 Connected persons

(1) For the purposes of this Act, a person (the
"principal person" ) is
"connected" with another person if the other person--

(a) is a relative (within the meaning of the Local Government Act 1993 ) of the principal person or, if the principal person is a corporation, is a relative of the holder of an executive position in the corporation, or

(b) is employed or engaged by the principal person or is a business partner of the principal person, or

(c) if the principal person is a corporation, holds an executive position in the corporation, or

(d) is the employer of the principal person, or

(e) is employed or engaged by, or holds an executive position in, a corporation that also employs or engages the principal person or in which the principal person holds an executive position, or

(f) has any other connection or association with the principal person of a kind prescribed by the regulations.

(2) However, the principal person is not connected with a member of an owners corporation, or the strata committee of an owners corporation, merely because of any dealing, contact or arrangement the member has with the principal person in the capacity of a member of the owners corporation or strata committee.

(3) In this section,
"executive position" in a corporation means the position of director, manager or secretary of the corporation, or any other executive position of the corporation, however those positions are designated.