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Register of Interests - Cr Brian Stockwell 10-10-2019
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Subsidiary—A body corporate is a subsidiary of
another body corporate if, and only if:
e _ the other body:
o controls the composition of the first
body's board or
o isin a position to cast, or contro! the
casting of, more than one-haif of the
maximum number of votes that
might be cast at a general meeting
of the first body or
o holds more than one-half of the
issued share capital of the first body
(excluding any part of that issued
share capital that carries no right to
participate beyond a specified
amount in a distribution of either
profits or capital) or
e the first body is a subsidiary of a subsidiary of
the other body.
3 — Complete if you are an officer of a corporation, including if you Officer of a corporation means:
are an officer of any corporations you have stated in section two. | « a director or secretary of the corporation; or
* aperson:
o who makes, or participates in
making, decisions that affect the
whole, or a substantial part, of the
business of the corporation or
o who has the capacity to affect
. significantly the corporation’s
financial standing or
o in accordance with whose
instructions or wishes the directors
of the corporation are accustomed
to act (excluding advice given by the
person in the proper performance of
functions attaching to the person’s
professional capacity or their
business relationship with the
directors or the corporation) or
e areceiver, or receiver and manager, of the
property of the corporation or
e an administrator of the corporation or
e an administrator of a deed of company
arrangement executed by the corporation or
* a liquidator of the corporation or
e atrustee or other person administering a
compromise or arrangement made between
the corporation and someone else.
4 - If providing a description of the trust or nominee corporation, the Trust—does not include the duties incidental to an
description must be sufficient to identify the trust or corporation. estate conveyed by way of mortgage, but with that
exception trust extends to implied, resulting, bare
— The monetary value of beneficial interests does not need to be _| and constructive trusts, and to cases where the
stated. trustee has a beneficial interest in the trust
property, and to the duties incidental to the office
of a personal representative.
Nominee corporation—means a corporation
whose principal business is holding marketable
securities as a trustee or nominee.
F- Siewean eevee en [Mee renew
fund is a corporation, a director of the trustee.
- If providing a description of the trust, the description must be Trust—does not include the duties incidental to an
sufficient to identify the trust. estate conveyed by way of mortgage, but with that
exception trust extends to implied, resulting, bare
and constructive trusts, and to cases where the
trustee has a beneficial interest in the trust
property, and to the duties incidental to the office
of a personal representative.
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Register of interests for councillors and councillor's related persons Version No: April 2015Preview the original
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