Document ID: chunk:federal_register_of_legislation:C2014A00110:clause:1_35
Version: federal_register_of_legislation:C2014A00110
Segment Type: clause
Provision Reference: sch 1 cl 35
Character Range: 40241–40903

35  Section 820‑195 (example)
Repeal the example, substitute:
Example: ALWZ Ltd, a company that is an Australian entity, has an average value of assets of $100 million.
 The average values of its excluded equity interests, associate entity debt, associate entity equity and non‑debt liabilities are $5 million, $10 million, $5 million and $5 million respectively. Deducting these amounts from the result of step 1 (through applying steps 1A to 4) leaves $75 million. Multiplying $75 million by 3/5 results in $45 million. As the average value of the company's associate entity excess amount is $2 million, the safe harbour debt amount is therefore $47 million.