Document ID: chunk:federal_register_of_legislation:C2025C00014:section:159ge:p2
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 159GE (pt 2/6)
Character Range: 1346155–1348880

(c); or
 (C) another company that is an associate of the exempt public body because of another application of this paragraph; or
 (D) 2 or more entities covered by the preceding sub‑subparagraphs; or
 (ii) a majority voting interest in the company is held by:
 (A) the exempt public body; or
 (B) the entities that are associates of the primary entity because of subparagraph (i) of this paragraph and paragraphs (a), (b) and (c); or
 (C) the exempt public body and the entities that are associates of the exempt public body because of subparagraph (i) of this paragraph and because of paragraphs (a), (b) and (c).
Subsections 318(6) and (7) apply for the purposes of paragraphs (a) to (d) in the same way as those subsections apply for the purposes of section 318.
capital expenditure deduction means a deduction:
 (a) under the former Division 10, 10AAA, 10AA, 10A, 10C or 10D of this Part; or
 (b) under Subdivision 40‑B of the Income Tax Assessment Act 1997 for a depreciating asset that is a forestry road or timber mill building; or
 (c) under Division 43 of that Act; or
 (d) under section 40‑830 of that Act for an amount that is a project amount under subsection 40‑840(1) (about mining capital expenditure and transport capital expenditure); or
 (e) under the former Subdivision 330‑C, 330‑H or 387‑G of that Act.
control means effectively control.
depreciation deduction means a deduction:
 (a) in respect of depreciation under Division 3 of this Act or the former Division 42 of the Income Tax Assessment Act 1997; or
 (b) for the decline in value of a depreciating asset under Division 40 of the Income Tax Assessment Act 1997.
Division 10, 10AA or 10A property means property in relation to which there has been incurred:
 (a) allowable capital expenditure within the meaning of the former Division 10 or 10AA of this Part or the former Subdivision 330‑C of the Income Tax Assessment Act 1997 or mining capital expenditure within the meaning of section 40‑860 of that Act;
 (b) expenditure taken into account in ascertaining an amount of residual capital expenditure specified in the former paragraph 122C(1)(a); or
 (c) capital expenditure specified in the former subsection 124F(1) or 124JA(1) of this Act or the former section 387‑460 of the Income Tax Assessment Act 1997; or
 (d) capital expenditure on a forestry road in connection with a timber operation, or capital expenditure for the construction or acquisition of a timber mill building.
Division 10AAA property means property in relation to which there has been incurred capital expenditure to which the former Division 10AAA of this Part applies or transport capital expenditure within the meaning of the former Subdivision 330‑H, or section 40‑865