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Edited version of private advice
Authorisation Number: 1051758265554
Date of advice: 29 September 2020
Ruling
Subject: The application of Subdivision 310-C and 310-E of the Income Tax Assessment Act 1997
The ruling relates to a transaction that the taxpayer entered into and concerns the following provisions of the income tax legislation:
Section 310-15 of the Income Tax Assessment Act 1997 (ITAA 1997)
Paragraph 310-25(a) ITAA 1997
Subsection 310-30(1) of the ITAA 1997
Subsection 310-30(2) of the ITAA 1997
Paragraph 310-35(1)(a) of the ITAA 1997
Subparagraph 310-35(1)(b)(ii) of the ITAA 1997
Paragraph 310-35(2)(a) of the ITAA 1997
paragraph 310-35(2)(b)
Paragraph 310-35(2)(d) of the ITAA 1997
Paragraph 310-40(1)(a) of the ITAA 1997
Subparagraph 310-40(1)(c)(ii) of the ITAA 1997
Paragraph 310-40(2)(a) of the ITAA 1997
Paragraph 310-40(2)(b) of the ITAA 1997
Paragraph 310-40(2)(d) of the ITAA 1997
Subsection 310-60(4) of the ITAA 1997
Subsection 310-60(5) of the ITAA 1997
Subsection 310-70(2) of the ITAA 1997
Subsection 320-137(4) of the ITAA 1997
Subsection 995-1(1) of the ITAA 1997