I'd like to hear from the officials. I asked this question of them on.... Or I think it was Mr. Chong who asked the question.
Basically, is there a definition of “related companies”, two charities? Is it possible to do this in another manner?
What we're trying to do here is catch all related companies, incorporated or non-incorporated, that may be using charitable entities. They may be trying to avoid the disclosure amendments we just put forward, so they may use a profit or non-profit entity to get away with not having to disclose their executive remuneration.
Did I just make any sense?