Document ID: chunk:federal_register_of_legislation:C2021C00270:clause:3_36
Version: federal_register_of_legislation:C2021C00270
Segment Type: clause
Provision Reference: sch 3 cl 36
Character Range: 46534–47103

36  At the end of section 328‑285
Add:
 (2) An entity is covered by this subsection for an income year if:
 (a) the entity is not a *small business entity for the income year; and
 (b) the entity would be a small business entity for the income year if:
 (i) each reference in Subdivision 328‑C (about what is a small business entity) to $10 million were instead a reference to $50 million; and
 (ii) the reference in paragraph 328‑110(5)(b) to a small business entity were instead a reference to an entity covered by this subsection.

Taxation Administration Act 1953