82Meaning of beneficial interest and obtains a beneficial

82 Meaning of beneficial interest and obtains a beneficial interest for div 5.6 beneficial interest in land includes— (a) a lease of the land; and (b) an option for the purchase of the land or a lease of the land; and (c) a general power of appointment over the land.

obtains a beneficial interest—a person (including an agent or assistant property agent) obtains a beneficial interest in land if a beneficial interest in the land is obtained by— (a) the person; or (b) a family member of the person; or (c) a corporation with not more than 100 members that the person, or a family member of the person, is a member of; or (d) a subsidiary of a corporation mentioned in paragraph (c); or (e) a corporation that the person, or a family member of the person, is an executive officer of; or (f) the trustee of a trust that the person, or a family member of the person, is a beneficiary of, if the interest is obtained on behalf of the trust; or (g) a member of a firm or partnership that the person, or a family member of the person, is a member of; or (h) someone else carrying on a business if the person, or a family member of the person, has a direct or indirect right to participate in the profits of the business.