Document ID: chunk:federal_register_of_legislation:C2025C00014:section:327b:p3
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 327B (pt 3/3)
Character Range: 1884739–1885515

another company (in this subsection called the second level company);
the person is taken to hold an eligible share interest in the second level company equal to the percentage calculated using the formula:

where:
First level percentage means the percentage of the eligible share interest held by the person in the first level company.
Second level percentage means the percentage of the eligible share interest held by the first level company in the second level company.

Definitions
 (7) In this section:
eligible share interest has the meaning given by subsections (5) and (6).
finance share has the meaning given by subsection (2).
under common ownership has the meaning given by subsection (4).
widely distributed finance share has a meaning affected by subsection (3).