Document ID: chunk:federal_register_of_legislation:C2023A00101:clause:4_9a
Version: federal_register_of_legislation:C2023A00101
Segment Type: clause
Provision Reference: sch 4 cl 9A
Character Range: 54740–55652

9A  (a) the entity purchases a *membership interest in itself; and  an amount equal to the debit that would have arisen if:                                                                                                                                                                                                      on the day on which the interest is purchased
    (b) the purchase is an *off‑market buy‑back; and                (a) the purchase of the interest were a *frankable distribution equal to the one that would have arisen if the entity were not a listed public company; and
    (c) the entity is a *listed public company                      (b) the distribution were *franked at the entity's *benchmark franking percentage for the *franking period in which the purchase was made or, if the entity does not have a benchmark franking percentage for the period, at a *franking percentage of 100%