Santo Santoro (Queensland, Liberal Party, Minister for Ageing) Share this | Hansard source

Again, Senator McLucas raises some issues which I think are relevant enough to explain further. The senator would obviously appreciate that to prove whether a shareholder is acting in a way which meets the definition of ‘key personnel’ is problematical. It is an issue that I have raised with the department, and I have asked for some further explanation of process. This is especially so where the shareholder is exercising control indirectly—for example, through a director who is key personnel or is acting on behalf of the shareholder, or where no formal record of involvement is made. That is just one instance where there can be difficulties in identifying who the key personnel are. I asked the department to review the process, subsequent to the issue that Senator McLucas has raised becoming a public issue a month or two ago. The department is to provide me with further advice and, at that point in time, I will be happy to inform Senator McLucas and the Senate of any further developments.