29AExemption: industry representative bodies

#### 29A Exemption: industry representative bodies A person is exempt in relation to an activity the person undertakes on behalf of a foreign principal if: (a) the person is an entity formed in Australia, or incorporated under a law of the Commonwealth, a State or a Territory (an Australian entity); and (b) the person’s purpose is to represent the interests of business or a particular sector of business or industry; and (c) the person has members who are also Australian entities; and (d) the activity is, or relates primarily to, representing the interests of business, or the particular sector, as a whole.