Document ID: chunk:federal_register_of_legislation:C2004A00897:clause:2_48
Version: federal_register_of_legislation:C2004A00897
Segment Type: clause
Provision Reference: sch 2 cl 48
Character Range: 244437–245066

48  Subsection 995‑1(1)
Insert:

non‑debt liabilities, of an entity and at a particular time, means liabilities that the entity has at that time, other than:
 (a) any *debt capital of the entity; or
 (b) any *equity interest in the entity; or
 (c) a provision for a *distribution of profit if the entity is a *corporate tax entity; or
 (d) any liability of the entity under a securities loan arrangement if, as at that time, the entity:
 (i) has received amounts for the sale of securities (other than any fees associated with the sale) under the arrangement; and
 (ii) has not repurchased the securities under the arrangement.