SALES TAX (EXEMPTIONS AND CLASSIFICATIONS) ACT 1992 (Repealed)

PART 2 - GENERAL DEFINITIONS

SECTION 3A   MEANING OF ``GROUP COMPANY''  

3A(1)  [Interpretation]  

A company is a group company in relation to another company if:

(a)  one of the companies is a subsidiary of the other company; or

(b)  each of the companies is a subsidiary of the same company.

3A(2)  [Subsidiary company]  

A company ( ``the subsidiary company'' ) is a subsidiary of another company ( ``the holding company'' ) if all the shares in the subsidiary company are beneficially owned by:

(a)  the holding company; or

(b)  a company that is, or 2 or more companies each of which is, a subsidiary of the holding company; or

(c)  the holding company and a company that is, or 2 or more companies each of which is, a subsidiary of the holding company.

3A(3)  [Subsidiary of another company]  

If a company is a subsidiary of another company (including because of this subsection), every company that is a subsidiary of the first-mentioned company is a subsidiary of the other company.