<section id="navPoint_14"><h5 id="v0-p-1009"><strong>8B</strong><strong>  </strong><strong>Meaning of </strong><em><strong>associate</strong></em></h5><ul><li><span></span><p id="v0-p-1010">  Each of the following persons is an <em><strong>associate</strong></em> of a person:</p><ul><li><span>(a)</span><p id="v0-p-1011">any relative of the person;</p></li><li><span>(b)</span><p id="v0-p-1012">any person with whom the person is acting, or proposes to act, in concert in relation to an asset;</p></li><li><span>(c)</span><p id="v0-p-1013">any person with whom the person carries on a business in partnership;</p></li><li><span>(d)</span><p id="v0-p-1014">any corporate entity of which the person is a senior officer;</p></li><li><span>(e)</span><p id="v0-p-1015">if the person is a corporate entity:</p><ul><li><span>(i)</span><p id="v0-p-1016">any holding entity of the corporate entity; or</p></li><li><span>(ii)</span><p id="v0-p-1017">any senior officer of the corporate entity;</p></li></ul></li><li><span>(f)</span><p id="v0-p-1018">any corporate entity whose senior officers are accustomed or under an obligation (whether formal or informal) to act in accordance with the directions, instructions or wishes of:</p><ul><li><span>(i)</span><p id="v0-p-1019">the person; or</p></li><li><span>(ii)</span><p id="v0-p-1020">if the person is a corporate entity—the senior officers of the person;</p></li></ul></li><li><span>(g)</span><p id="v0-p-1021">a corporate entity if the person is accustomed or under an obligation (whether formal or informal) to act in accordance with the directions, instructions or wishes of:</p><ul><li><span>(i)</span><p id="v0-p-1022">the corporate entity; or</p></li><li><span>(ii)</span><p id="v0-p-1023">the senior officers of the corporate entity;</p></li></ul></li><li><span>(h)</span><p id="v0-p-1024">any body corporate in which the person holds an interest;</p></li><li><span>(i)</span><p id="v0-p-1025">if the person is a body corporate—a person who holds an interest in the body corporate;</p></li><li><span>(j)</span><p id="v0-p-1026">the trustee of a trust in which the person holds an interest;</p></li><li><span>(k)</span><p id="v0-p-1027">if the person is the trustee of a trust—a person who holds an interest in the trust;</p></li><li><span>(l)</span><p id="v0-p-1028">any other person or body prescribed by the rules.</p></li></ul></li></ul></section>