Document ID: chunk:federal_register_of_legislation:C2010C00715:clause:3_61
Version: federal_register_of_legislation:C2010C00715
Segment Type: clause
Provision Reference: sch 3 cl 61
Character Range: 252344–253064

61  Subsection 995‑1(1)
Insert:

withholding payment covered by a particular provision in Schedule 1 to the Taxation Administration Act 1953 means a *withholding payment consisting of:
 (a) a payment from which an amount must be withheld under that provision (even if the amount is not withheld); or
 (b) a *non‑cash benefit provided by an entity if that provision would have required the entity to withhold an amount if, instead of providing the benefit, the entity had paid the *market value of the benefit; or
 (c) a non‑cash benefit provided to an entity if that provision would have required the entity to withhold an amount if the benefit had been a payment of an amount equal to the market value of the benefit.