INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES

Division 3B - Tests for finding out whether the company has maintained the same owners

Rules affecting the operation of the tests

SECTION 160ZNQ

160ZNQ RULES DO NOT AFFECT TOTALS OF SHARES OR RIGHTS
Sections 160ZNM , 160ZNN , 160ZNO and 160ZNP do not affect how shares, and rights carried by shares, are counted for the purposes of determining:

(a) the total voting power in the company; or

(b) the total dividends that the company may pay; or

(c) the total distributions of capital of the company.

View history note

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