Document ID: chunk:federal_register_of_legislation:C2025C00029:section:9a
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 9A
Character Range: 3486510–3487884

9A                              (a) the entity purchases a *membership interest in itself; and                                                                                                                               an amount equal to the debit that would have arisen if:                                                                                                                                                                                                          on the day on which the interest is purchased
                                (b) the purchase is an *off‑market buy‑back; and                                                                                                                                             (a) the purchase of the interest were a *frankable distribution equal to the one that would have arisen if the entity were not a listed public company; and
                                (c) the entity is a *listed public company                                                                                                                                                   (b) the distribution were *franked at the entity's *benchmark franking percentage for the *franking period in which the purchase was made or, if the entity does not have a benchmark franking percentage for the period, at a *franking percentage of 100%