Document ID: chunk:federal_register_of_legislation:C2014C00749:clause:15_2
Version: federal_register_of_legislation:C2014C00749
Segment Type: clause
Provision Reference: sch 15 cl 2
Character Range: 348239–350134

2                         a trust                              any of these:
                                                               (a) an interest in the trust income or trust capital; or
                                                               (b) any other interest in the trust; or
                                                               (c) an interest as joint owner (including as tenant in common) of an interest covered by paragraph (a) or (b)

 (4) A primary loan interest in an entity is:
 (a) a *loan to the entity; or
 (b) an interest as joint owner (including as tenant in common) of a loan to the entity.
 (5) A secondary interest in an entity is a *secondary equity interest, or a *secondary loan interest, in the entity.
 (6) A secondary equity interest in an entity is a right or option:
 (a) to *acquire an existing *primary equity interest in the entity; or
 (b) to have the entity issue a new primary equity interest.
 (7) A secondary loan interest in an entity is a right or option:
 (a) to *acquire an existing *primary loan interest in the entity; or
 (b) to have the entity issue a new primary loan interest.

727‑525  Indirect equity or loan interest
  An *equity or loan interest in an entity is an indirect equity or loan interest in another entity if, and only if:
 (a) the first entity owns an equity or loan interest in the other entity; or
 (b) the first entity owns an equity or loan interest that is an indirect equity or loan interest in the other entity because of one or more other applications of this section.
[The next section is section 727‑530.]

Affected owners

727‑530  Who are the affected owners
 (1) The table sets out the affected owners for the *indirect value shift.

Affected owners
Item             In this case:                                                                                 The affected owners include: