Crimes Legislation Amendment (Combatting Foreign Bribery) Act 2024 (5 of 2024)

Schedule 1   Amendments

Part 1   Main amendments

Criminal Code Act 1995

2   Section 70.1 of the Criminal Code

Insert:

advantage means an advantage of any kind and is not limited to property.

annual turnover has the meaning given by section 70.5C.

associate : a person is an associate of another person if the first-mentioned person:

(a) is an officer, employee, agent or contractor of the other person; or

(b) is a subsidiary (within the meaning of the Corporations Act 2001) of the other person; or

(c) is controlled (within the meaning of the Corporations Act 2001) by the other person; or

(d) otherwise performs services for or on behalf of the other person.