INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES

Division 3CB - Tests for finding out whether the listed public company has maintained the same owners

SECTION 160ZNSF WHAT THIS DIVISION IS ABOUT

This Division has the tests to work out whether a listed public company has maintained the same owners as between different times.

Divisions 3CC and 3CD have rules that make it easier for the company to satisfy these ownership tests.

The rules in this Division also apply to a company that is a 100% subsidiary of a listed public company: see section 160ZNSD .