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Edited version of private advice
Authorisation Number: 1052253625275
Date of advice: 29 May 2024
Ruling
Subject: Division 6C
In order to protect the privacy and commercial in-confidence components of this private binding ruling, the following summary is provided:
Issue
Will certain revenue to be derived by the taxpayer meet the requirements of subsections 102MB(1) and 102MB(2) of the ITAA 1936?
Answer
Having regard to the relevant facts and circumstances, certain revenue to be derived by the taxpayer will meet the requirements of subsections 102MB(1) and 102MB(2) of the ITAA 1936.