Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) If a scheme applies to a body corporate, the scheme also applies to each officer of the body corporate.
(2) If a scheme applies to a person, the scheme also applies to each partner of the person.
(3) However, if an officer of a body corporate or a partner of a person is entitled to be a member of the same occupational association as the body corporate or person but is not a member, the scheme does not apply to the officer or partner.
(4) In this section:
"officer", in relation to a body corporate:
(a) that is a corporation, within the meaning of the Corporations Act 2001, has the same meaning as in section 82A of that Act; or
(b) that is not a corporation within the meaning of the Corporations Act 2001, means any person (by whatever name called) who is concerned in or takes part in the management of the body corporate.