INCOME TAX ASSESSMENT ACT 1936

PART III - LIABILITY TO TAXATION  

Division 9AA - Demutualisation of insurance companies and affiliates  

Subdivision B - Key concepts and related definitions  

SECTION 121AQ   121AQ   OTHER DEFINITIONS  


In this Division:

annuity
has the same meaning as in section 10 of the Superannuation Industry (Supervision) Act 1993 .

ETP
(Repealed by No 15 of 2007)

first trading day price
, in relation to a listed share, means the price on the stock market operated by ASX Limited, as published by that company, at which the share was last traded on the trading day on which it was listed.

general insurance business
means insurance business (within the meaning of the Insurance Act 1973 ) other than life insurance business.

life insurance business
has the same meaning as in the Life Insurance Act 1995 .

listed
means listed for quotation in the official list of ASX Limited.

superannuation interest
has the same meaning as in the Income Tax Assessment Act 1997 .

superannuation pension
(Repealed by No 15 of 2007)

undeducted contributions
(Repealed by No 15 of 2007)

undeducted purchase price
(Repealed by No 15 of 2007)


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