Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p59
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 59/59)
Character Range: 8014184–8015415

section 328‑195.
operating entity has the meaning given by section 12‑436 in Schedule 1 to the Taxation Administration Act 1953.
oral ruling has the meaning given by section 360‑5 in Schedule 1 to the Taxation Administration Act 1953.
ordinary capital gain has the meaning given by section 124ZW of the Income Tax Assessment Act 1936.
ordinary class for a taxable income of a *life insurance company has the meaning given by section 320‑139.
ordinary class for a *tax loss of a *life insurance company has the meaning given by section 320‑143.
ordinary debt interest has the meaning given by section 974‑140.
ordinary income has the meaning given by section 6‑5.
ordinary investment policy means a *life insurance policy that is not:
 (a) a *complying superannuation life insurance policy; or
 (b) an *exempt life insurance policy; or
 (c) a policy that provides for *participating benefits or *discretionary benefits; or
 (d) a policy (other than a *funeral policy) under which amounts are to be paid only on the death or disability of a person.
ordinary payment is defined as set out in this table:

Ordinary payment
Item              Ordinary payment, in relation to this kind of a payment:             has the meaning given by: