¹[ “associate” means such a relationship between two persons by virtue which both act or expected to act in accordance with the desire of one another or of a third person, and also includes the following persons, namely:-

(a) a partner of a partnership;

(b) a shareholder of a company;

(c) a Trust and a beneficiary of such Trust;

(d) a joint venture for development of any property and the landowner partner, developer, or any other person in such venture; or

(e) representative, VAT Agent, distributor, licensees or persons with similar relationship:

provided that persons with employment relationship shall not be included therein; ]