5Money held by enterprise

#### 5 Money held by enterprise 5 Money held by enterprise > > (1) In this Act, a reference to money held by an enterprise— > > > > > (a) includes a reference to money that is in the hands or under the control of the enterprise, and > > > > > (b) is, in relation to an enterprise that does not have a separate legal personality, taken to be a reference to money held by the members for the time being of the enterprise for the purposes of the enterprise. > > > (2) In this section, member of an enterprise means a person, body or organisation that is, under its rules of membership, a member of the enterprise, or, if the rules do not provide for membership of the enterprise, a person, body or organisation that is a member of the body that governs or has the management of the enterprise.