Document ID: chunk:federal_register_of_legislation:C2007A00078:clause:8_43
Version: federal_register_of_legislation:C2007A00078
Segment Type: clause
Provision Reference: sch 8 cl 43
Character Range: 37851–38442

43  After subsection 118‑425(12)
Insert:

Exception to requirements relating to location within Australia

 (12A) A company is taken to meet the requirements of subsection (2) in relation to an investment made by an entity if the sum of:
 (a) the value of the investment at the time the entity makes it; and
 (b) the total value of all the other investments that the entity owns at that time that do not, or apart from this subsection would not, meet those requirements;
does not exceed 20% of the partnership's *committed capital.

Note: See subsection (10) for the value of investments.