INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART III
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LIABILITY TO TAXATION
Division 13A
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Employee share schemes
Subdivision G
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Definitions
SECTION 139GE
139GE
MEANING OF
ASSOCIATE
The expression associate has the same meaning as it would have in section 26AAB if:
(a) the following paragraph were inserted before paragraph (14)(a) of that section:
``(aa) a company where the taxpayer holds (whether directly or indirectly through one or more interposed companies, partnerships or trusts) a share in the company, or a right to acquire a share in the company;''; and
(b) ``paragraph (a)'' wherever occurring in subsection (14) were omitted and ``paragraph (aa) or (a)'' were substituted.
CCH Note:
Below is material substituted in s 139GE by No 101 of 2006.
The expression associate has the same meaning as it would have in section 26AAB if:
(a) the following paragraph were inserted before paragraph (14)(a) of that section:
``(aa) a company where the taxpayer holds (whether directly or indirectly through one or more interposed companies, partnerships or trusts) a share in the company, or a right to acquire a share in the company;''; and
(b) ``paragraph (a)'' wherever occurring in subsection (14) were omitted and ``paragraph (aa) or (a)'' were substituted.
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