sec.109Meaning of relevant details for a gift or loan

### sec.109 Meaning of relevant details for a gift or loan All of the following are relevant details for a gift or loan— the value of the gift or loan; when the gift or loan was made; for a loan—the terms of the loan; if the person making the gift or loan has an interest in a local government matter that is greater than that of other persons in the local government area— that fact; and the nature of the person’s interest; for a gift or loan made by an individual— the individual’s name and residential or business address; and the individual’s occupation; and if the individual is employed, carries on a business or is otherwise engaged in an industry—the industry in which the individual is employed, carries on a business or is otherwise engaged; for a gift or loan made by a corporation— the corporation’s name; and the names and residential or business addresses of the directors or members of the executive committee (however described) of the corporation; and if the corporation has a holding company—the names and residential or business addresses of the directors or members of the executive committee (however described) of the holding company; and a description of the type of business the corporation carries on; for a gift or loan made on behalf of the members of an unincorporated association— the association’s name; and unless the organisation is a registered industrial organisation—the names and residential or business addresses of the members of the executive committee (however described) of the association; for a gift or loan made out of a trust fund or out of the funds of a foundation— the names and residential or business addresses of the trustees of the fund or other persons responsible for the funds of the foundation; and the name or other description of the trust fund or foundation; and if the gift is given, or loan is made, out of a trust account of a lawyer or accountant under the instructions of a person who is in substance the giver of the gift or lender—the name and residential or business address of the person; for a gift or loan not mentioned in paragraph (e) , (f) , (g) or (h) —the name and residential or business address of the person who made the gift or loan. If a gift or loan is made by an entity that is not the source of the gift or loan, the relevant details for the gift or loan include— that fact; and the details mentioned in subsection (1) (d) to (i) for the entity that is the source of the gift or loan. In this section— holding company , of a corporation, see the Corporations Act , section 9 . local government matter , in relation to a local government, means— a transaction, contract or other arrangement entered into by the local government; or another matter to be decided or otherwise dealt with by the local government. s 109 sub 2019 No. 30 s 225 (sec.109-ssec.1) All of the following are relevant details for a gift or loan— the value of the gift or loan; when the gift or loan was made; for a loan—the terms of the loan; if the person making the gift or loan has an interest in a local government matter that is greater than that of other persons in the local government area— that fact; and the nature of the person’s interest; for a gift or loan made by an individual— the individual’s name and residential or business address; and the individual’s occupation; and if the individual is employed, carries on a business or is otherwise engaged in an industry—the industry in which the individual is employed, carries on a business or is otherwise engaged; for a gift or loan made by a corporation— the corporation’s name; and the names and residential or business addresses of the directors or members of the executive committee (however described) of the corporation; and if the corporation has a holding company—the names and residential or business addresses of the directors or members of the executive committee (however described) of the holding company; and a description of the type of business the corporation carries on; for a gift or loan made on behalf of the members of an unincorporated association— the association’s name; and unless the organisation is a registered industrial organisation—the names and residential or business addresses of the members of the executive committee (however described) of the association; for a gift or loan made out of a trust fund or out of the funds of a foundation— the names and residential or business addresses of the trustees of the fund or other persons responsible for the funds of the foundation; and the name or other description of the trust fund or foundation; and if the gift is given, or loan is made, out of a trust account of a lawyer or accountant under the instructions of a person who is in substance the giver of the gift or lender—the name and residential or business address of the person; for a gift or loan not mentioned in paragraph (e) , (f) , (g) or (h) —the name and residential or business address of the person who made the gift or loan. (sec.109-ssec.2) If a gift or loan is made by an entity that is not the source of the gift or loan, the relevant details for the gift or loan include— that fact; and the details mentioned in subsection (1) (d) to (i) for the entity that is the source of the gift or loan. (sec.109-ssec.3) In this section— holding company , of a corporation, see the Corporations Act , section 9 . local government matter , in relation to a local government, means— a transaction, contract or other arrangement entered into by the local government; or another matter to be decided or otherwise dealt with by the local government. - (a) the value of the gift or loan; - (b) when the gift or loan was made; - (c) for a loan—the terms of the loan; - (d) if the person making the gift or loan has an interest in a local government matter that is greater than that of other persons in the local government area— (i) that fact; and (ii) the nature of the person’s interest; - (i) that fact; and - (ii) the nature of the person’s interest; - (e) for a gift or loan made by an individual— (i) the individual’s name and residential or business address; and (ii) the individual’s occupation; and (iii) if the individual is employed, carries on a business or is otherwise engaged in an industry—the industry in which the individual is employed, carries on a business or is otherwise engaged; - (i) the individual’s name and residential or business address; and - (ii) the individual’s occupation; and - (iii) if the individual is employed, carries on a business or is otherwise engaged in an industry—the industry in which the individual is employed, carries on a business or is otherwise engaged; - (f) for a gift or loan made by a corporation— (i) the corporation’s name; and (ii) the names and residential or business addresses of the directors or members of the executive committee (however described) of the corporation; and (iii) if the corporation has a holding company—the names and residential or business addresses of the directors or members of the executive committee (however described) of the holding company; and (iv) a description of the type of business the corporation carries on; - (i) the corporation’s name; and - (ii) the names and residential or business addresses of the directors or members of the executive committee (however described) of the corporation; and - (iii) if the corporation has a holding company—the names and residential or business addresses of the directors or members of the executive committee (however described) of the holding company; and - (iv) a description of the type of business the corporation carries on; - (g) for a gift or loan made on behalf of the members of an unincorporated association— (i) the association’s name; and (ii) unless the organisation is a registered industrial organisation—the names and residential or business addresses of the members of the executive committee (however described) of the association; - (i) the association’s name; and - (ii) unless the organisation is a registered industrial organisation—the names and residential or business addresses of the members of the executive committee (however described) of the association; - (h) for a gift or loan made out of a trust fund or out of the funds of a foundation— (i) the names and residential or business addresses of the trustees of the fund or other persons responsible for the funds of the foundation; and (ii) the name or other description of the trust fund or foundation; and (iii) if the gift is given, or loan is made, out of a trust account of a lawyer or accountant under the instructions of a person who is in substance the giver of the gift or lender—the name and residential or business address of the person; - (i) the names and residential or business addresses of the trustees of the fund or other persons responsible for the funds of the foundation; and - (ii) the name or other description of the trust fund or foundation; and - (iii) if the gift is given, or loan is made, out of a trust account of a lawyer or accountant under the instructions of a person who is in substance the giver of the gift or lender—the name and residential or business address of the person; - (i) for a gift or loan not mentioned in paragraph (e) , (f) , (g) or (h) —the name and residential or business address of the person who made the gift or loan. - (i) that fact; and - (ii) the nature of the person’s interest; - (i) the individual’s name and residential or business address; and - (ii) the individual’s occupation; and - (iii) if the individual is employed, carries on a business or is otherwise engaged in an industry—the industry in which the individual is employed, carries on a business or is otherwise engaged; - (i) the corporation’s name; and - (ii) the names and residential or business addresses of the directors or members of the executive committee (however described) of the corporation; and - (iii) if the corporation has a holding company—the names and residential or business addresses of the directors or members of the executive committee (however described) of the holding company; and - (iv) a description of the type of business the corporation carries on; - (i) the association’s name; and - (ii) unless the organisation is a registered industrial organisation—the names and residential or business addresses of the members of the executive committee (however described) of the association; - (i) the names and residential or business addresses of the trustees of the fund or other persons responsible for the funds of the foundation; and - (ii) the name or other description of the trust fund or foundation; and - (iii) if the gift is given, or loan is made, out of a trust account of a lawyer or accountant under the instructions of a person who is in substance the giver of the gift or lender—the name and residential or business address of the person; - (a) that fact; and - (b) the details mentioned in subsection (1) (d) to (i) for the entity that is the source of the gift or loan. - (a) a transaction, contract or other arrangement entered into by the local government; or - (b) another matter to be decided or otherwise dealt with by the local government.