Document ID: chunk:federal_register_of_legislation:C2025C00014:section:159gt:p2
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 159GT (pt 2/2)
Character Range: 1441328–1441912

other than a negotiable instrument issued payable to bearer.
 (6) This section does not apply to a qualifying security issued by a taxpayer after 5 o'clock in the evening, by standard time in the Australian Capital Territory, on 23 April 1987:
 (a) to, on behalf of or otherwise for the benefit of, a non‑resident or a prescribed dual resident associate of the taxpayer; or
 (b) subject to an agreement between the taxpayer and an associate of the taxpayer under which the security is or was to be transferred to a non‑resident or a prescribed dual resident associate of the taxpayer.