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Definitions

Business means

  • a) a profession or trade, and

  • b) any other activity carried on for fee, gain or reward, and

  • c) the activity of employing one or more persons to perform duties in connection with another business, and

  • d) the carrying on of a trust, including a dormant trust, and

  • e) the activity of holding any money or property used for or in connection with another business whether carried on by 1 person or 2 or more persons together.

Company means a company registered under the Corporations Act 2001. It includes all bodies and associations (corporate and unincorporated) and partnerships.

Corporation has the same meaning as in Section 9 of the Corporations Act 2001 of the Commonwealth.

Person for the purpose of this Act includes a company

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Last updated: 09-May-2008
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