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Edited version of your written advice
Authorisation Number: 1012683129851
Ruling
Subject: Capital adequacy
Relevant facts and circumstances
The taxpayer applied for a ruling on the application of section 230 and 245 of the Income Tax Assessment Act 1997 (ITAA 1997)
Relevant legislative provisions
Section 230 of the ITAA 1997
Section 245 of the ITAA 1997
Reasons for decision
The Commissioner has ruled on each of the questions.
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