S 139DSG repealed by No 133 of 2009, s 3 and Sch 1 item 18, applicable in relation to the ESS interests mentioned in subsections
Income Tax (Transitional Provisions) Act 1997
. S 139DSG formerly read:
SECTION 139DSG MODIFICATION RELATING TO VOTING RIGHTS
A taxpayer is taken to satisfy a condition that the taxpayer not be in a position to cast, or control the casting of, more than 5% of the maximum number of votes that might be cast at a general meeting of a company only if the taxpayer is not in a position to control the casting of more than 5% of the maximum number of votes that might be cast at a general meeting of:
a company that is a stapled entity for the stapled security because an ordinary share in the company is a part of the stapled security; or
if more than one company is a stapled entity for the stapled security because an ordinary share in the company is part of the stapled security
each of those companies.
This rule affects the operation of subsections
S 139DSG inserted by
No 56 of 2007
, s 3 and Sch 3 item 2, effective 12 April 2007.
No 56 of 2007
, s 3 and Sch 3 item 39 contains the following application provision:
The amendment applies to acquisitions of stapled securities, and of rights to acquire stapled securities, on or after 1 July 2006.
In this item:
has the same meaning as in Division
Income Tax Assessment Act 1936