Document ID: chunk:federal_register_of_legislation:C2014C00749:clause:16_45b:p3
Version: federal_register_of_legislation:C2014C00749
Segment Type: clause
Provision Reference: sch 16 cl 45B (pt 3/3)
Character Range: 480919–482394

premium;
 (i) if the scheme involves the provision of ownership interests and the later disposal of those interests, or an increase in the value of ownership interests and the later disposal of those interests:
 (i) the period for which the ownership interests are held by the holder of the interests; and
 (ii) when the arrangement for the disposal of the ownership interests was entered into;
 (j) for a demerger only:
 (i) whether the profits of the demerging entity and demerged entity are attributable to transactions between the entity and an associate (within the meaning in section 318) of the entity; and
 (ii) whether the assets of the demerging entity and demerged entity were acquired under transactions between the entity and an associate (within the meaning in section 318) of the entity;
 (k) any of the matters referred to in subparagraphs 177D(b)(i) to (viii).

Meaning of obtaining a tax benefit
 (9) A relevant taxpayer obtains a tax benefit if an amount of tax payable, or any other amount payable under this Act, by the relevant taxpayer would, apart from this section, be less than the amount that would have been payable, or would be payable at a later time than it would have been payable, if the demerger benefit had been an assessable dividend or the capital benefit had been a dividend.

Expressions to have same meanings as in Part IIIAA
 (10) Expressions used in this section that are defined in Part IIIAA have the same meanings as in that Part.