Document ID: chunk:federal_register_of_legislation:C2025C00029:section:5
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 5
Character Range: 3744427–3745395

5                                         a *franked distribution is made to the company; and                                                                                                                                                               the amount of the tax offset                                                                                                                      on the day on which the distribution is made
                                          the company satisfies the *residency requirement for the income year in which the distribution is made; and
                                          the company is a *franking entity when it receives the distribution; and
                                          the company is entitled to a *tax offset under Division 207 because of the distribution; and
                                          the tax offset is not subject to the refundable tax offset rules (see Division 67)