Document ID: chunk:federal_register_of_legislation:C2004A00897:clause:2_1
Version: federal_register_of_legislation:C2004A00897
Segment Type: clause
Provision Reference: sch 2 cl 1
Character Range: 234441–235332

1  Section 960‑100
Repeal the link note, substitute:

Subdivision 960‑F—Distribution by corporate tax entities

Table of sections

960‑115 Meaning of corporate tax entity
960‑120 Meaning of distribution

960‑115  Meaning of corporate tax entity

  An entity is a corporate tax entity at a particular time if:
 (a) the entity is a company at that time; or
 (b) the entity is a *corporate limited partnership in relation to the income year in which that time occurs; or
 (c) the entity is a *corporate unit trust in relation to the income year in which that time occurs; or
 (d) the entity is a *public trading trust in relation to the income year in which that time occurs.

960‑120  Meaning of distribution

 (1) What constitutes a distribution by various *corporate tax entities is set out in the following table:

Distribution
Item          Corporate tax entity            Distribution