Document ID: chunk:federal_register_of_legislation:C2010C00648:clause:2_51
Version: federal_register_of_legislation:C2010C00648
Segment Type: clause
Provision Reference: sch 2 cl 51
Character Range: 122959–123855

51  At the end of item 12 of Schedule 9
Add:

(5) The amendments of the Income Tax Assessment Act 1936 made by this Schedule apply to a dividend or a non‑share dividend that:
 (a) is paid by a company (the paying company) after 30 June 2002; and
 (b) is paid to a company that:
 (i) is related (within the meaning of subsection 51AE(16) of that Act) to the paying company; and
 (ii) is a member of a consolidated group or MEC group.

(6) A term used in paragraph (5)(a) or (b) and defined in the Income Tax Assessment Act 1997 has the same meaning in that paragraph as it has in that Act.

(7) To avoid doubt, the amendments of the Income Tax Assessment Act 1936 made by this Schedule apply to a dividend or a non‑share dividend if they apply to it under subitem (5), even if they would not apply to it under subitem (1) or (3).

Division 3—Foreign tax credits

Income Tax Assessment Act 1997