Senate debates

Wednesday, 8 April 2020

Bills

Coronavirus Economic Response Package (Payments and Benefits) Bill 2020, Coronavirus Economic Response Package Omnibus (Measures No. 2) Bill 2020, Appropriation Bill (No. 5) 2019-2020, Appropriation Bill (No. 6) 2019-2020; In Committee

8:38 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

The business participation requirements are that at any time in the fortnight the individual is actively engaged in the business carried on by the entity. The individual must be actively engaged in the operations and activities of the body. This engagement in the business must occur in Australia. Further, depending on the type of entity the business is, the individual must have a particular role within the business. In the case of an entity that is a sole trader, the individual must be the entity. In relation to a partnership, the individual must be a partner in the partnership, and it can only apply to one individual.

Comments

No comments