South Australian Consolidated Acts South Australian Consolidated Acts (1) Two persons are
"close associates" if—
(a) one
is a spouse, domestic partner, parent, brother, sister or child of the other;
or
(b) they
are members of the same household; or
(c) they
are in partnership; or
(d) they
are joint venturers; or
(e) they
are related bodies corporate; or
(f) one
is a body corporate and the other is a director, manager, secretary or public
officer of the body corporate; or
(g) one
is a body corporate (other than a public company whose shares are quoted on a
prescribed financial market) and the other is a shareholder in the body
corporate; or
(h) one
is a body corporate whose shares are quoted on a prescribed financial market
and the other is a substantial shareholder (within the meaning of the
Corporations Act 2001 of the Commonwealth) in the body corporate; or
(i)
one has a right to participate (otherwise than as a
shareholder in a body corporate) in income or profits derived from a business
conducted by the other; or
(j) one
is in a position to exercise control or significant influence over the conduct
of the other; or
(k) a
chain of relationships can be traced between them under any one or more of the
above paragraphs.
(2) For the purposes
of subsection (1)—
"domestic partner" means a person who is a domestic partner within the meaning
of the Family Relationships Act 1975 , whether declared as such under
that Act or not;
"prescribed financial market" means a prescribed financial market within the
meaning of section 9 of the Corporations Act 2001 of the Commonwealth;
"spouse"—a person is the spouse of another if they are legally married.