INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES  

Division 3B - Tests for finding out whether the company has maintained the same owners  

Rules affecting the operation of the tests  

SECTION 160ZNQ  

160ZNQ   RULES DO NOT AFFECT TOTALS OF SHARES OR RIGHTS  
Sections 160ZNM , 160ZNN , 160ZNO and 160ZNP do not affect how shares, and rights carried by shares, are counted for the purposes of determining:

(a) the total voting power in the company; or

(b) the total dividends that the company may pay; or

(c) the total distributions of capital of the company.