(1) A corporation is a connected body corporate in relation to prohibited conduct engaged in by the corporation.
(2) A body corporate is a connected body corporate in relation to prohibited conduct engaged in by a corporation if:
(a) the body corporate is related to the corporation; and
(b) any of the following conditions are satisfied:
(i) the prohibited conduct involves the direct or indirect use of assets held by the body corporate;
(ii) the prohibited conduct involves direct or indirect dealings between the body corporate and the corporation.
(3) A body corporate is a connected body corporate in relation to prohibited conduct if:
(a) the body corporate is a holding company of another body corporate; and
(b) the other body corporate is a connected body corporate in relation to the prohibited conduct because of a previous operation of this section.