Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-10 - FINANCIAL TRANSACTIONS  

Division 240 - Arrangements treated as a sale and loan  

Subdivision 240-E - Notional interest and arrangement payments  

Operative provisions

SECTION 240-65   240-65   Arrangement payments  

An arrangement payment is an amount that the *notional buyer is required to pay under the *arrangement but does not include:

(a) an amount in the nature of a penalty payable for failure to make a payment on time; or

(b) a *termination amount.