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STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 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.
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