6Meaning of associate

6 Meaning of associate (1) A person is an associate of another person if: (a) one is a spouse, de facto partner, parent, brother, sister or child of the other; or (b) they are members of the same household; or (c) they are partners in a partnership; or (d) they are both trustees or beneficiaries of the same trust, or one is a trustee and the other is a beneficiary of the same trust; or (e) one is a body corporate and the other is a director or member of the governing body of the body corporate; or (f) one is a body corporate (other than a public company whose shares are listed on a stock exchange) and the other is a shareholder in the body corporate; or (g) they are related bodies corporate within the meaning of the Corporations Act 2001; or (h) a chain of relationships can be traced between them under any one or more of the above paragraphs. (2) For subsection (1), a beneficiary of a trust includes an object of a discretionary trust.