Income Tax Assessment Act 1936
PART III
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LIABILITY TO TAXATION
Division 9AA
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Demutualisation of insurance companies and affiliates
This Subdivision does not apply in relation to the demutualisation of a company in relation to whose demutualisation Division 316 (Demutualisation of friendly society health or life insurers) of the Income Tax Assessment Act 1997 applies.
Subdivision C
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Tax consequences of demutualisation
SECTION 121AU
121AU
THIS SUBDIVISION DOES NOT APPLY TO DEMUTUALISATION OF FRIENDLY SOCIETY HEALTH OR LIFE INSURERS
This Subdivision does not apply in relation to the demutualisation of a company in relation to whose demutualisation Division 316 (Demutualisation of friendly society health or life insurers) of the Income Tax Assessment Act 1997 applies.
Note:
Section 316-5 of the Income Tax Assessment Act 1997 explains which demutualisations of entities Division 316 of that Act applies to.
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