2.6 Related parties
A party is considered to be related to the Group if:
(a) the party is a person or a close member of that person’s family and that person:
|
(i) |
has control or joint control over the Group; |
|
(ii) |
has a significant influence over the Group; or |
|
(iii) |
is a member of the key management personnel of the Group or of a parent of the Group; |
or
(b) the party is an entity where any of the following conditions applies:
|
(i) |
the entity and the Group are members of the same group; |
|
(ii) |
one entity is an associate or joint venture of the other entity (or of a parent, subsidiary or fellow subsidiary of the other entity); |
|
(iii) |
the entity and the Group are joint ventures of the same third party; |
|
(iv) |
one entity is a joint venture of a third entity and the other entity is an associate of the third entity; |
|
(v) |
the entity is a post-employment benefit plan for the benefit of employees of either the Group or an entity related to the Group; |
|
(vi) |
the entity is controlled or jointly controlled by a person identified in (a); |
|
(vii) |
a person identified in (a) (i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity); and |
|
(viii) |
the entity, or any member of a group of which it is a part, provides key management personnel services to the Group or to the parent of the Group. |