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Register of Interests - Cr Brian Stockwell 10-10-2019
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7 — If providing a description of the partnership or joint venture, the Joint venture—business enterprise for which two
description must be sufficient to identify the partnership or joint or more parties join forces (not necessarily in
venture. partnership or by the formation of a company)
Partnership—the legal relationship of persons
carrying on some business together with a view to
profit (provided that they are not members of an
incorporated bod
— Includes any land leased, owned or mortgaged, whether the
interest is held alone, jointly or in common with any other person.
- Examples of property where you may hold an interest:
o Residential property leased, owned or mortgaged by you
which may be your place of residence or where you have
established a business
eo Commercial property leased, owned or mortgaged by you
which may be where you have established a business
o Residential property where you are the lessor of a property
to another party.
o Commercial property where you are the lessor of a property
to another party.
For privacy reasons, if the lessee is a corporation, state the
name of the corporation (individuals do not need to be
stated)
o Investment property—property held for capital gain (not
leased or inhabited)
© Native Title land—granted or where an application is
pending.
— The full street address of the property does not need to be
stated.
— The monetary value of investments or beneficial interests does
not need to be stated.
— Amounts of $10,000 or less do not need to be disclosed. Private company—means a proprietary company
in which a relevant person holds securities
~ The debt does not need to be disclosed if it arises from the ;
supply of goods or services supplied in the ordinary course of Trust—means a trust of which a relevant person
your business or the business of a trust or private company. is a beneficiary
— The financial amount of liabilities does not need to be stated.
- A\line of credit does not need to be disclosed until such time as it
is used.
10 | ~ May include such investments as a term life insurance policy Debenture—see the Corporations Act 2001
where a return of the policy's premium may occur.
— __ The monetary value of investments does not need to be stated.
- The account number of, or financial amounts held in, savings or ee
investment accounts do not need to be stated.
12 |-— This does not include gifts received from related persons or other | Gift means either of the following—
persons related by blood or marriage or friends e the transfer of money or other property:
o without consideration or
— Includes election donations made to an individual councillor and o for a consideration substantially less
election donations made to a group of candidates of which the than full consideration or
councillor is associated with.
« aloan of money or other property made ona
permanent or indefinite basis, other than an
overdraft facility.
Page 11
Register of interests for councillors and councillor’s related persons Version No: April 2015Preview the original
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