means a person who is connected to an Administrator of the Issuer. Such person shall be considered to be connected to an Administrator if that person is:
(a) a member of the Administrator’s family, including, without limitation, the Administrator’s spouse or a partner, the Administrator’s child or step-child, the Administrator’s parents and any other dependants of the Administrator; or
(b) a legal person in which the Administrator, any of the persons mentioned in paragraph (a) or both (i) holds or hold units of a nominal value equal to at least twenty percent (20%) of the capital of that legal person; or (ii) is or are entitled to control the exercise of more than twenty percent (20%) of the voting rights at any general meeting of that legal person; or
(c) acting in a capacity as trustee of any trust, the beneficiaries of which include: (i) the Administrator, the Administrator’s dependants, including, without limitation, the Administrator’s spouse, children or step-children ; or (ii) a legal person with which one is associated as set out above; or
(d) acting in a capacity as a business partner of that Administrator or of any person who, by virtue of paragraph (a), (b) or (c) is connected with the Administrator.
