5BRegulatory Authority may deem providers to be related providers [NSW]

5B Regulatory Authority may deem providers to be related providers [NSW]

5B Regulatory Authority may deem providers to be related providers [NSW]

The Regulatory Authority may deem a provider to be a related provider of an approved provider if the provider—

(a) shares one or more persons with management or control with the approved provider; or

(b) shares a person who is not a person with management or control in common with the approved provider; or

(c) owns part of the approved provider or receives dividends from the approved provider; or

(d) meets the characteristics prescribed by the regulations.

Note—

This section is an additional NSW provision.

s 5B: Ins 2025 No 68, Sch 1[6].