INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART IIIAA
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FRANKING OF DIVIDENDS
If:
(a) section 160AQUA applies in relation to a dividend covered by subparagraph 160AQUA(1)(b)(i) (whether the application is the sole or final application or an earlier application of that section); and
(b) a particular party to the contract concerned has not had a securities dealer acting for him or her;
Division 6A
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Transfer of shareholder status for tax purposes
SECTION 160AQUC
160AQUC
NO SECURITIES DEALER
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PARTY TO CUM-DIVIDEND SALE CONTRACT TO GIVE DIVIDEND STATEMENT TO OTHER PARTY
If:
(a) section 160AQUA applies in relation to a dividend covered by subparagraph 160AQUA(1)(b)(i) (whether the application is the sole or final application or an earlier application of that section); and
(b) a particular party to the contract concerned has not had a securities dealer acting for him or her;
the party must, as soon as practicable after the payment of the dividend, give to the other party to the contract a statement in the approved form setting out such information in relation to the dividend as is required by the approved form to be set out.
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