Income Tax Assessment Act 1997

CHAPTER 6 - THE DICTIONARY  

PART 6-1 - CONCEPTS AND TOPICS  

Division 960 - General  

Subdivision 960-GP - Participation interests in entities  

SECTION 960-180  

960-180   Total participation interest  

An entity's total participation interest at a particular time in another entity is the sum of:

(a) the entity's * direct participation interest in the other entity at that time; and

(b) the entity's * indirect participation interest in the other entity at that time.