Document ID: chunk:federal_register_of_legislation:C2025C00029:section:4:p29
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 4 (pt 29/30)
Character Range: 7852094–7855034

to the Taxation Administration Act 1953.
approved investment plan, of an *ESVCLP, has the meaning given by subsection 13‑15(2) of the Venture Capital Act 2002.
approved management plan for land has the meaning given by section 40‑640.
approved occupational clothing guidelines has the meaning given by subsection 34‑55(1).
approved stock exchange means a stock exchange named in regulations made for the purposes of this definition.
APRA means the Australian Prudential Regulation Authority.
area covered by an international tax sharing treaty: if, under an *international tax sharing treaty, Australia and another country share tax revenues from activities undertaken in an area identified by or under the treaty, that area is an area covered by an international tax sharing treaty.
arm's length: in determining whether parties deal at arm's length, consider any connection between them and any other relevant circumstance.
arm's length capital amount:
 (a) for an *outward investing entity (ADI)—has the meaning given by section 820‑315; and
 (b) for an *inward investing entity (ADI)—has the meaning given by section 820‑410.
arm's length conditions has the meaning given by section 815‑125.
arm's length profits has the meaning given by section 815‑225.
arrangement means any arrangement, agreement, understanding, promise or undertaking, whether express or implied, and whether or not enforceable (or intended to be enforceable) by legal proceedings.
arrangement payment has the meaning given by section 240‑65.
arrangement payment period has the meaning given by section 240‑70.
arrangement period for a *tax preferred use of an asset has the meaning given by section 250‑65.
ART means the Administrative Review Tribunal.
artistic support has the meaning given by subsection 405‑25(5).
Arts Minister means the Minister administering the National Gallery Act 1975.
Arts Secretary means the Secretary of the Department administered by the *Arts Minister.
artwork means:
 (a) a painting, sculpture, drawing, engraving or photograph; or
 (b) a reproduction of such a thing; or
 (c) property of a similar description or use.
ASIC means the Australian Securities and Investments Commission.
assessable amount has the meaning given by subsection 155‑5(2) in Schedule 1 to the Taxation Administration Act 1953.
assessable FHSS released amount, for an income year, means the amount included in a person's assessable income for the income year under section 313‑20 in respect of the person's *FHSS released amounts.
assessable film income for an income year is so much of the amount, or the sum of the amounts, to which section 26AG of the Income Tax Assessment Act 1936 applies in relation to you for the income year as is assessable income.
assessable income has the meaning given by sections 6‑5, 6‑10, 6‑15, 17‑10 and 17‑30.
For the effect of GST‑related amounts on assessable income, see Division 17.
Note: For income years before 1997‑98,