Document ID: chunk:federal_register_of_legislation:C2024C00572:section:22j
Version: federal_register_of_legislation:C2024C00572
Segment Type: section
Provision Reference: s 22J
Character Range: 79592–80366

22J  Reporting transfer test
  A corporation (the transferee corporation) passes the reporting transfer test in relation to a facility if:
 (a) the facility is under the operational control of another corporation (the transferor corporation); and
 (b) the transferee corporation has financial control over the facility; and
 (c) the transferee corporation is a company registered under Part 2A.2 of the Corporations Act 2001; and
 (d) the transferee corporation is a constitutional corporation; and
 (e) if the transferee corporation is a member of a controlling corporation's group—the transferor corporation is not a member of that group; and
 (f) the transferor corporation is a member of a controlling corporation's group.
Note: For financial control, see section 22R.