ATO National Tax Equivalent Regime
PART 2: THE NTER ENTITIES
STATE AND TERRITORY GOVERNMENT-OWNED ENTERPRISES
14. Subsidiaries or other enterprises wholly-owned by an NTER entity will not automatically participate in the NTER. To participate, the subsidiaries or other enterprises must also be listed in the NTER entity register by the relevant State or Territory.
NTER ENTITIES REQUIRED TO FOLLOW THIS MANUAL
16. Each NTER entity is required to follow this Manual, and thereby to comply with the relevant taxation laws, pursuant to the TER legislation of the State or Territory to which the NTER entity belongs. That requirement may be provided for directly in the legislation, or through an instrument (e.g. a Treasurer's Instruction) prepared in accordance with the legislation, or by some other means.
|[Archived: History notes for amendments to the Manual made by Versions 2, 3, 4, 5 & 6 have been archived. For the wording of these history notes, see Version 8 12 February 2012]|