(iv) directly receiving any income derived from the business carried on by the other; or (c) one business is carried on by a body corporate and the other business is carried on by a person who— (i) is a director or secretary of the body S. 23(3)(c)(i) amended by corporate or a spouse or domestic No. 27/2001 partner of such a director or secretary; s. 8(Sch. 6 item 5.3). or (ii) holds or will hold any relevant financial interest, or is or will be entitled to exercise any relevant power (whether in his or her own right or on behalf of any other person), in the business of the body corporate and thereby is able or will be able to exercise a significant influence over or with respect to the management or operation of that business; or (iii) holds or will hold any relevant position (whether in his or her own right or on behalf of any other person) in the business of the body corporate; or (iv) is a related body corporate within the S. 23(3)(c)(iv) amended by meaning of section 9 of the Nos 27/2001 Corporations Act or a director or s. 8(Sch. 6 item 5.3), secretary, or a spouse or domestic 44/2001 partner of a director or secretary, of a s. 3(Sch. item 94.2). related body corporate. 24 Register for businesses to which section 23 applies (1) A person who intends to rely on an exemption S. 24(1) amended by under section 23 must, before commencing to No. 52/1998 carry on business or as soon as practicable after s. 195(a). the commencement of this subsection (whichever
(iv) directly receiving any income derived from the business carried on by the other; or (c) one business is carried on by a body corporate and the other business is carried on by a person who— S. 23(3)(c)(i) amended by No. 27/2001 s. 8(Sch. 6 item 5.3). (i) is a director or secretary of the body corporate or a spouse or domestic partner of such a director or secretary; or (ii) holds or will hold any relevant financial interest, or is or will be entitled to exercise any relevant power (whether in his or her own right or on behalf of any other person), in the business of the body corporate and thereby is able or will be able to exercise a significant influence over or with respect to the management or operation of that business; or (iii) holds or will hold any relevant position (whether in his or her own right or on behalf of any other person) in the business of the body corporate; or S. 23(3)(c)(iv) amended by Nos 27/2001 s. 8(Sch. 6 item 5.3), 44/2001 s. 3(Sch. item 94.2). (iv) is a related body corporate within the meaning of section 9 of the Corporations Act or a director or secretary, or a spouse or domestic partner of a director or secretary, of a related body corporate. 24 Register for businesses to which section 23 applies S. 24(1) amended by No. 52/1998 s. 195(a). (1) A person who intends to rely on an exemption under section 23 must, before commencing to carry on business or as soon as practicable after the commencement of this subsection (whichever
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