31 Meaning of “business associate” and “controller”.U.K.
(1)The provisions of this section shall have effect for determining the meaning of “business associate” and “controller” for the purposes of this Act.
(2)As respects acts done in the course of a business carried on by a body corporate, every director and conroller of that body is a business associate of it.
(3)As respects acts done in the course of a business carried on by a partnership, each partner is a business associate of every other member of the partnership and also of the partnership itself and, in the case of a partner which is a body corporate, every person who, by virtue of subsection (2) above, is a business associate of that body is also a business associate of every other member of the partnership.
(4)As respects acts done in the course of a business carried on by an unincorporated association, every officer of the association and any other person who has the management or control of its activities is a business associate of that association.
(5)In relation to a body corporate “controller” means a person—
(a)in accordance with whose directions or instructions the directors of the body corporate or of any other body corporate which is its controller (or any of them) are accustomed to act; or
(b)who, either alone or with any associate or associates, is entitled to exercise, or control the exercise of, one third or more of the voting power at any general meeting of the body corporate or of another body corporate which is its controller.