8B  Meaning of associate

  Each of the following persons is an associate of a person:

(a)

any relative of the person;

(b)

any person with whom the person is acting, or proposes to act, in concert in relation to an asset;

(c)

any person with whom the person carries on a business in partnership;

(d)

any corporate entity of which the person is a senior officer;

(e)

if the person is a corporate entity:

(i)

any holding entity of the corporate entity; or

(ii)

any senior officer of the corporate entity;

(f)

any corporate entity whose senior officers are accustomed or under an obligation (whether formal or informal) to act in accordance with the directions, instructions or wishes of:

(i)

the person; or

(ii)

if the person is a corporate entity—the senior officers of the person;

(g)

a corporate entity if the person is accustomed or under an obligation (whether formal or informal) to act in accordance with the directions, instructions or wishes of:

(i)

the corporate entity; or

(ii)

the senior officers of the corporate entity;

(h)

any body corporate in which the person holds an interest;

(i)

if the person is a body corporate—a person who holds an interest in the body corporate;

(j)

the trustee of a trust in which the person holds an interest;

(k)

if the person is the trustee of a trust—a person who holds an interest in the trust;

(l)

any other person or body prescribed by the rules.