Document ID: chunk:federal_register_of_legislation:C2025C00014:section:103a:p9
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 103A (pt 9/9)
Character Range: 913522–914881

company were, at any time during the year of income, capable of being varied or abrogated in such a manner (notwithstanding that they were not in fact varied or abrogated in that manner) that:
 (d) not less than three‑quarters of the voting power in the company would have been capable of being exercised by one person or by persons not more than 20 in number;
 (e) not less than three‑quarters of:
 (i) the amount of any dividend paid by the company during the year of income; or
 (ii) if more than one dividend was paid by the company during the year of income—the total amount of all the dividends paid by the company during the year of income;
  would have been paid to one person or to persons not more than 20 in number; or
 (f) in the case where the company did not pay a dividend during the year of income—if a dividend had been paid by the company at any time during the year of income, not less than three‑quarters of the amount of that dividend would have been paid to one person or to persons not more than 20 in number.
 (7) For the purposes of this section:
 (a) a person, whether or not he or she holds shares in the company concerned;
 (b) his or her relatives; and
 (c) in relation to any shares in respect of which they are such nominees, his or her nominees and the nominees of any of his or her relatives;
shall be deemed to be one person.