Document ID: chunk:federal_register_of_legislation:C2014A00110:clause:1_39
Version: federal_register_of_legislation:C2014A00110
Segment Type: clause
Provision Reference: sch 1 cl 39
Character Range: 42600–43246

39  Section 820‑205 (example)
Repeal the example, substitute:
Example: RJ Corporation is a company that is not an Australian entity. The average value of its Australian investments is $100 million.
 The average value of its relevant excluded equity interests, associate entity debt, associate entity equity and non‑debt liabilities is $5 million, $10 million, $5 million and $5 million respectively. Deducting those amounts from the result of step 1 leaves $75 million. Multiplying $75 million by 3/5 results in $45 million. As the company does not have any associate entity excess amount, the safe harbour debt amount is therefore $45 million.