Document ID: chunk:federal_register_of_legislation:C2007A00056:clause:3_139dsg
Version: federal_register_of_legislation:C2007A00056
Segment Type: clause
Provision Reference: sch 3 cl 139DSG
Character Range: 19621–20436

139DSG  Modification relating to voting rights

  A taxpayer is taken to satisfy a condition that the taxpayer not be in a position to cast, or control the casting of, more than 5% of the maximum number of votes that might be cast at a general meeting of a company only if the taxpayer is not in a position to control the casting of more than 5% of the maximum number of votes that might be cast at a general meeting of:
 (a) a company that is a stapled entity for the stapled security because an ordinary share in the company is part of the stapled security; or
 (b) if more than one company is a stapled entity for the stapled security because an ordinary share in the company is part of the stapled security—each of those companies.

Note: This rule affects the operation of subsections 139CD(7) and 139DR(6).