Document ID: chunk:federal_register_of_legislation:C2025C00014:section:159gzzzm
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 159GZZZM
Character Range: 1464670–1465504

159GZZZM  Purchase price in respect of buy‑back
  For the purposes of this Division, the purchase price in respect of a buy‑back of a share is:
 (a) if the seller has received or is entitled to receive an amount or amounts of money as a result of or in respect of the buy‑back—that amount or the sum of those amounts; or
 (b) if the seller has received or is entitled to receive property other than money as a result of or in respect of the buy‑back—the market value of that property at the time of the buy‑back; or
 (c) if the seller has received or is entitled to receive both an amount or amounts of money and property other than money as a result of or in respect of the buy‑back—the sum of that amount or those amounts and the market value of that property at the time of the buy‑back.

Subdivision B—Company buying‑back shares