Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p17
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 17/59)
Character Range: 7908580–7911418

given by section 725‑145.
direct voting percentage in a company has the meaning given by section 768‑550.
disability policy means a *life insurance policy under which a benefit is payable in the event of:
 (a) the death, by accident or by some other cause stated in the contract, of the person whose life is insured (the insured); or
 (b) injury to, or disability of, the insured as a result of accident or sickness; or
 (c) the insured being found to have a stated condition or disease;
but does not include a contract of consumer credit insurance within the meaning of the Insurance Contracts Act 1984.
disability superannuation benefit means a *superannuation benefit if:
 (a) the benefit is paid to an individual because he or she suffers from ill‑health (whether physical or mental); and
 (b) 2 legally qualified medical practitioners have certified that, because of the ill‑health, it is unlikely that the individual can ever be *gainfully employed in a capacity for which he or she is reasonably qualified because of education, experience or training.
disaggregated attributable decrease: section 727‑775 sets out how to determine whether an *indirect value shift has produced a disaggregated attributable decrease in the *market value of an *equity or loan interest.
disaggregated attributable increase: section 727‑805 sets out how to determine whether an *indirect value shift has produced a disaggregated attributable increase in the *market value of an *equity or loan interest.
disallow:
 (a) a *net capital loss—has the meaning given by section 175‑40; or
 (b) a *capital loss—has the meaning given by section 175‑55.
disallowed capital allowance percentage has the meaning given by subsection 250‑150(4).
discount: an *equity or loan interest is issued at a discount as provided in section 725‑150.
discount capital gain has the meaning given by Subdivision 115‑A.
discount percentage has the meaning given by Subdivision 115‑B.
discretionary benefits means investment account benefits (as defined by section 14 of the Life Insurance Act 1995) that are regarded as non‑participating benefits for the purposes of that Act solely because of the operation of Prudential Rules No. 22 in force under section 252 of that Act.
disease has the meaning given by subsection 34‑20(3).
disentitling event has the meaning given by section 385‑163.
disposal year has the meaning given by subsection 385‑105(2).
dispose of a *CGT asset: you dispose of a CGT asset (in its capacity as a CGT asset) in the circumstances specified in section 104‑10.
disregarded small fund assets has the meaning given by section 295‑387.
distributable profits of a company has the meaning given by section 317 of the Income Tax Assessment Act 1936.
distributing body has the meaning given by section 128U of the Income Tax Assessment Act 1936.
distribution,