INCOME TAX ASSESSMENT ACT 1997

CHAPTER 6 - THE DICTIONARY  

PART 6-1 - CONCEPTS AND TOPICS  

Division 974 - Debt and equity interests  

Subdivision 974-E - Non-share distributions by a company  

SECTION 974-115   974-115   Meaning of non-share distribution  


A company makes a non-share distribution to you if:


(a) you hold a *non-share equity interest in the company; and


(b) the company:


(i) distributes money to you; or

(ii) distributes other property to you; or

(iii) credits an amount to you;
as the holder of that interest.

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