Commentary on Sections Overview Part 3: Eligibility of individuals Paragraph 22: Meaning of “associate”
3012.This paragraph also supplements paragraph 19. It contains the definition of “associate” and is in its turn supplemented by paragraphs 23 and 24. This paragraph derives from paragraph 20 of Schedule 8.
3013.In sub-paragraph (1) references to an “individual” replace references to a “person”; and in sub-paragraph (1)(c) different words are used to describe the relevant company.
3014.Sub-paragraph (2) is new. This provision links sub-paragraph (1)(c) with paragraphs 23 and 24 of this Schedule.
3015.In sub-paragraph (3) the definition of “relative” has been slightly amended.