Preliminary Part 1 Definitions Division 2 Section 8B (iii) major contracts or transactions involving the controlled entity; or (iv) major loans involving the controlled entity; or (e) together with any associates of the controlling entity, holds an interest of at least 10% in the controlled entity (including if any of the interests are held jointly with one or more other entities). (3) This section does not limit when an entity is in a position to directly or indirectly influence or control an asset or other entity. 8B Meaning of associate Each of the following persons is an associate of a person: (a) any relative of the person; (b) any person with whom the person is acting, or proposes to act, in concert in relation to an asset; (c) any person with whom the person carries on a business in partnership; (d) any corporate entity of which the person is a senior officer; (e) if the person is a corporate entity: (i) any holding entity of the corporate entity; or (ii) any senior officer of the corporate entity; (f) any corporate entity whose senior officers are accustomed or under an obligation (whether formal or informal) to act in accordance with the directions, instructions or wishes of: (i) the person; or (ii) if the person is a corporate entity—the senior officers of the person; (g) a corporate entity if the person is accustomed or under an obligation (whether formal or informal) to act in accordance with the directions, instructions or wishes of: (i) the corporate entity; or (ii) the senior officers of the corporate entity; (h) any body corporate in which the person holds an interest; (i) if the person is a body corporate—a person who holds an interest in the body corporate; No. 29, 2018 Security of Critical Infrastructure Act 2018 Authorised Version C2018A00029 15