sec.96When buyer and seller are related

### sec.96 When buyer and seller are related The buyer of a lot and the seller of a lot are related if— for a seller who is an individual— the buyer is a relative of the seller; or the buyer is in a partnership under the Partnership Act 1891 with the seller; or the buyer is a corporation of which the seller is a director or member; or the buyer is a related body corporate of a corporation of which the seller is a director or member; or for a seller that is a corporation— the buyer is a related body corporate; or if the seller is a corporation other than a listed corporation—the buyer is a director or member of the corporation or of a related body corporate. In this section — related body corporate see the Corporations Act , section 9 . relative , of a seller, means— a parent, step-parent or grandparent of the seller; or a sibling, half-sibling or step-sibling of the seller; or an uncle, aunt, nephew, niece or cousin of the seller; or a child, step-child or grandchild of the seller; or a spouse of the seller; or if the seller has a spouse—a person who is a relative, of the type mentioned in any of paragraphs (a) to (d) , of the seller’s spouse; or if the seller is an Aboriginal person or Torres Strait Islander—a person who is a relative, of the type mentioned in any of paragraphs (a) to (f) , of the seller under Aboriginal tradition or Island custom. (sec.96-ssec.1) The buyer of a lot and the seller of a lot are related if— for a seller who is an individual— the buyer is a relative of the seller; or the buyer is in a partnership under the Partnership Act 1891 with the seller; or the buyer is a corporation of which the seller is a director or member; or the buyer is a related body corporate of a corporation of which the seller is a director or member; or for a seller that is a corporation— the buyer is a related body corporate; or if the seller is a corporation other than a listed corporation—the buyer is a director or member of the corporation or of a related body corporate. (sec.96-ssec.2) In this section — related body corporate see the Corporations Act , section 9 . relative , of a seller, means— a parent, step-parent or grandparent of the seller; or a sibling, half-sibling or step-sibling of the seller; or an uncle, aunt, nephew, niece or cousin of the seller; or a child, step-child or grandchild of the seller; or a spouse of the seller; or if the seller has a spouse—a person who is a relative, of the type mentioned in any of paragraphs (a) to (d) , of the seller’s spouse; or if the seller is an Aboriginal person or Torres Strait Islander—a person who is a relative, of the type mentioned in any of paragraphs (a) to (f) , of the seller under Aboriginal tradition or Island custom. - (a) for a seller who is an individual— (i) the buyer is a relative of the seller; or (ii) the buyer is in a partnership under the Partnership Act 1891 with the seller; or (iii) the buyer is a corporation of which the seller is a director or member; or (iv) the buyer is a related body corporate of a corporation of which the seller is a director or member; or - (i) the buyer is a relative of the seller; or - (ii) the buyer is in a partnership under the Partnership Act 1891 with the seller; or - (iii) the buyer is a corporation of which the seller is a director or member; or - (iv) the buyer is a related body corporate of a corporation of which the seller is a director or member; or - (b) for a seller that is a corporation— (i) the buyer is a related body corporate; or (ii) if the seller is a corporation other than a listed corporation—the buyer is a director or member of the corporation or of a related body corporate. - (i) the buyer is a related body corporate; or - (ii) if the seller is a corporation other than a listed corporation—the buyer is a director or member of the corporation or of a related body corporate. - (i) the buyer is a relative of the seller; or - (ii) the buyer is in a partnership under the Partnership Act 1891 with the seller; or - (iii) the buyer is a corporation of which the seller is a director or member; or - (iv) the buyer is a related body corporate of a corporation of which the seller is a director or member; or - (i) the buyer is a related body corporate; or - (ii) if the seller is a corporation other than a listed corporation—the buyer is a director or member of the corporation or of a related body corporate. - (a) a parent, step-parent or grandparent of the seller; or - (b) a sibling, half-sibling or step-sibling of the seller; or - (c) an uncle, aunt, nephew, niece or cousin of the seller; or - (d) a child, step-child or grandchild of the seller; or - (e) a spouse of the seller; or - (f) if the seller has a spouse—a person who is a relative, of the type mentioned in any of paragraphs (a) to (d) , of the seller’s spouse; or - (g) if the seller is an Aboriginal person or Torres Strait Islander—a person who is a relative, of the type mentioned in any of paragraphs (a) to (f) , of the seller under Aboriginal tradition or Island custom.