Document ID: chunk:federal_register_of_legislation:C2004A00897:clause:1_3:p8
Version: federal_register_of_legislation:C2004A00897
Segment Type: clause
Provision Reference: sch 1 cl 3 (pt 8/26)
Character Range: 117924–120472

an outward investor (financial) for the income year if:
 (a) the group includes at least one entity that, apart from this Subdivision, would be an *outward investor (general) for a period ending at the end of the income year; and
 (b) the group includes at least one entity that is a *financial entity at the end of the income year; and
 (c) the group includes no entity that is an *ADI at the end of the income year.

Inward investing entity (non‑ADI)

 (5) A *resident TC group for an income year is an inward investing entity (non‑ADI) for the income year if, and only if, it is:
 (a) an *inward investment vehicle (general) for the income year (because of subsection (6)); or
 (b) an *inward investment vehicle (financial) for the income year (because of subsection (7)).

Inward investment vehicle (general)

 (6) A *resident TC group for an income year is an inward investment vehicle (general) for the income year if:
 (a) the group includes at least one entity that, apart from this Subdivision, would be an *inward investment vehicle (general) for a period ending at the end of the income year; and
 (b) the group includes no entity that, apart from this Subdivision, would be an *outward investing entity (non‑ADI) for a period ending at the end of the income year; and
 (c) the group includes no entity that is a *financial entity or *ADI at the end of the income year.

Inward investment vehicle (financial)

 (7) A *resident TC group for an income year is an inward investment vehicle (financial) for the income year if:
 (a) the group includes at least one entity that, apart from this Subdivision, would be an *inward investment vehicle (financial) for a period ending at the end of the income year; and
 (b) the group includes no entity that, apart from this Subdivision, would be an *outward investing entity (non‑ADI) for a period ending at the end of the income year; and
 (c) the group includes no entity that is an *ADI at the end of the income year.

Outward investing entity (ADI)

 (8) A *resident TC group for an income year is an outward investing entity (ADI) for the income year if, and only if:
 (a) the group includes at least one entity that, apart from this Subdivision, would be an *outward investing entity (ADI) for a period ending at the end of the income year; or
 (b) the group includes:
 (i) at least one entity that, apart from this Subdivision, would be an *outward investing entity (non‑ADI) for a period ending at the end of the income year; and
 (ii) at least one entity that is an *ADI at the end of