Document ID: chunk:federal_register_of_legislation:C2010C00578:clause:3_9
Version: federal_register_of_legislation:C2010C00578
Segment Type: clause
Provision Reference: sch 3 cl 9
Character Range: 60516–61167

9  Subsection 820‑615(2)
Repeal the subsection, substitute:

Average equity capital

 (2) The average equity capital of the *head company or single company for the test period is:
 (a) the average value, for that period, of all the *ADI equity capital of the company; plus
 (b) the average value, for that period, of the amount worked out under subsection 820‑613(3).

Note 1: In the case of a choice under section 820‑599, paragraph 820‑603(4)(b) treats the single company and the relevant Australian permanent establishments as a consolidated group.

Note 2: To calculate an average value for the purposes of this Division, see Subdivision 820‑G.