Register of Interests archived - Wilkie 20-04-2016

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
          o   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)
          o   Native Title land—granted or where an application is
              pending.
      -   The full street address of the property does not need fo 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.
      —   Aline 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 Po
          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.
                                                                            e   aloan of money or other property made ona
                                                                                permanent or indefinite basis, other than an
                                                                                overdraft facility.

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     Register of interests for councillors and councillor’s related persons                           Version No: April 2015