INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
A taxpayer who has held shares, or an interest in shares, in a company on which a dividend is paid is a qualified person in relation to the dividend if:
(a) the shares were issued in connection with a proposed winding up of the company; and
(b) the shares or interest was not disposed of by the taxpayer before the commencement of the winding up; and
(c) neither the taxpayer nor an associate of the taxpayer has made, is under an obligation to make, or is likely to make, a related payment in respect of the dividend.
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