Who is an acceptable referee for the two references I'm required to supply?

Updated 16/04/2018 01.12 PM
References are required from current (or where this is inappropriate – past) employers that detail an applicant’s leadership/managerial potential and capacity to undertake postgraduate studies.  Where applicants are self-employed or CEOs themselves, they should provide references from business partners, key customers or respected business individuals.  The references will be reviewed as part of the ranking process.
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