LOCAL GOVERNMENT ACT 1995 - SECT 5.84

LOCAL GOVERNMENT ACT 1995 - SECT 5.84

5.84 .         Interests and positions in corporations

        (1)         A relevant person is to disclose in a primary return and in an annual return —

            (a)         the name of each corporation of which the person was a member or in which he or she otherwise had an interest or held any position (whether remunerated or not) in the case of —

                  (i)         a primary return, on the start day; and

                  (ii)         an annual return, at any time during the return period;

                and

            (b)         the nature of the interest, or the description of the position held, in each corporation to which paragraph (a) applies; and

            (c)         for each corporation to which paragraph (a) applies, other than corporations whose shares are quoted on a prescribed financial market in Australia —

                  (i)         its address; and

                  (ii)         a description of its principal business.

        (2)         In this section —

        interest means a relevant interest (within the meaning given by section 9 of the Corporations Act 2001 of the Commonwealth) in any securities (within the meaning given by section 92 of that Act) issued or made available by the corporation;

        prescribed financial market has the meaning given by section 9 of the Corporations Act 2001 of the Commonwealth.

        [Section 5.84 inserted: No. 64 of 1998 s. 35; amended: No. 10 of 2001 s. 123; No. 21 of 2003 s. 15(2) and (3).]