Document ID: chunk:federal_register_of_legislation:C2025C00029:section:1
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 1
Character Range: 7082857–7083698

1                                             the entity (the relevant entity) is one or both of the following throughout a period that is all or a part of an income year:                                                                the relevant entity is a *financial entity throughout that period  the relevant entity is an outward investing financial entity (non‑ADI) for that period
                                              (a) an *Australian controller of at least one *Australian controlled foreign entity (not necessarily the same Australian controlled foreign entity throughout that period);
                                              (b) an Australian entity that carries on a *business at or through at least one *overseas permanent establishment (not necessarily the same permanent establishment throughout that period)