INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART IIIA
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CAPITAL GAINS AND CAPITAL LOSSES
Division 3CD
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How to treat interposed superannuation funds, approved deposit funds and special companies
SECTION 160ZNST
WHAT THIS DIVISION IS ABOUT
View history note
Hide history noteThis Division has rules that make it easier for the listed public company to satisfy the ownership tests in Division 3CB.
The company does not have to trace through any complying superannuation funds, complying approved deposit funds or special companies that are interposed between the company and persons who control any of the voting power in the company or have rights to its dividends or capital.
Note:
The rules in this Division also apply to a company that is a 100% subsidiary of a listed public company: see section 160ZNSD .
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