6Extended meaning of employed

6 Extended meaning of employed

Directors of companies and other bodies corporate (1) For the purposes of this Act, if: (a) a person is a full‑time director of a company or other body corporate; and (b) the company or other body is an approved authority; and (c) the company or other body is incorporated under a law of the Commonwealth or of a State or Territory; and (d) the person is not specified in a written declaration made by the Minister under this paragraph; the person is employed by the company or other body.

Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.

(2) The Minister may, by writing, declare that, for the purposes of this Act, a specified person is employed by a company or other body corporate, so long as: (a) the person is a director of the company or other body; and (b) the person is not a full‑time director of the company or other body; and (c) the company or other body is an approved authority; and (d) the company or other body is incorporated under a law of the Commonwealth or of a State or Territory.

Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.

Declarations (3) A declaration under paragraph (1)(d) or subsection (2) is a legislative instrument. (4) Despite anything in regulations made for the purposes of paragraph 44(2)(b) of the Legislation Act 2003, section 42 (disallowance) of that Act applies to a declaration under paragraph (1)(d) or subsection (2) of this section.