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-D - Deductions allowable to notional buyer
SECTION 240-45 What this Subdivision is about
This Subdivision provides that the notional buyer may, in certain circumstances, be entitled to deductions for the notional interest for the notional loan that the notional seller is taken to have made to the notional buyer.