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Controlled entity

An entity subject to the control of the University as defined in s.50AA of the Corporations Act 2001 (Cth). The University treats entities as controlled entities if the University:

adirectly or indirectly owns majority of the shares in a company;
bis the sole member of a company;
ccontrols more than 50% of shareholder or member voting rights in the entity, including by use of a casting vote;
dcontrols more than 50% of votes of the entity's board, including by use of a casting vote;
ehas power to appoint or remove more than 50% of the entity's board;
fhas power to govern the financial and operating policies of the entity; or
ghas power to case or control the casting of majority of votes likely to be case at a general meeting of the entity.

The above is not an exhaustive list and ultimately depends on the circumstances.