ENVIRONMENTAL PROTECTION ACT 1994 - SECT 363AA Definitions for division
ENVIRONMENTAL PROTECTION ACT 1994 - SECT 363AA
Definitions for division363AA Definitions for division
In this division—
"associated entity" has the meaning given by the Corporations Act , section
50AAA .
"financial interest" , in a company, means a direct or indirect interest in—
(a) shares in the company; or
(b) a mortgage, charge or other security given by the company; or
(c) income or revenue of the company.
"high risk company" means—
(a) a company that is an externally-administered body corporate within the meaning given by the Corporations Act , section 9 ; or
(b) a company that is an associated entity of a company mentioned in paragraph (a) .
"interest" means a legal or equitable interest.
"related person" see section 363AB .
"relevant activity" , in relation to a company, means an activity—
(a) that was, or is being, carried out by the company under an environmental authority; or
(b) that was, or is being, carried out by the company and has caused, or is causing or likely to cause, serious or material environmental harm.