Form 2—Register of interests of a

Department of Local Government, Racing and Multicultural Affairs

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           Amounts of $10,000 or less do not need to be        Private company—means a proprietary
           disclosed.                                          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     Trust—means a trust of which a relevant
           the ordinary course of your business or the         person is a beneficiary.
           business of a trust or private company.
           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.
           May include such investments as a term life         Debenture—see the Corporations Act 2001.
           insurance policy 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 investment accounts do not need to
           be stated.
           This does not include gifts received from related   Gift means either of the following—
           persons or other persons related by blood or        the transfer of money or other property:
           marriage or friends.                                without consideration, or
                                                               for a consideration substantially less than full
           Includes election donations made to an individual   consideration, or
           councillor and election donations made to a group | aloan of money or other property made ona
           of candidates of which the councillor is associated | permanent or indefinite basis, other than an
          with.                                                overdraft facility.
      13 | This does not include incidental travel or          A person receives a sponsored hospitality
           accommodation that involve little to no value. For  benefit if—
           example, sleeping a night at a family or friend’s   the person, other than in an official capacity—
           house or car pooling arrangements.                  undertakes travel, or
                                                               uses accommodation, and
                                                               a contribution, whether financial or non-
                                                               financial, for the cost of the travel or
                                                               accommodation is made by another person.
                                                                Note: A person does not however receive a
                                                               sponsored hospitality benefit if the contribution
                                                               was made by the person’s spouse, or other
                                                               family member or friend unless there could be a
                                                               perception of a conflict of interest, financial or
                                                               otherwise, relating to the contribution.
    | 14 | Includes honorary patrons, honorarymembersetc. |

         Form 2 — Register of interests of a councillor and their related persons
         Version no: October 2018                                                              Page 13 of 14