Document ID: chunk:federal_register_of_legislation:C2021C00270:clause:3_11
Version: federal_register_of_legislation:C2021C00270
Segment Type: clause
Provision Reference: sch 3 cl 11
Character Range: 40140–40662

11  After subsection 61C(1)
Insert:
 (1AA) A person is covered by this subsection if:
 (a) the person is not a small business entity; and
 (b) the person would be a small business entity if:
 (i) each reference in Subdivision 328‑C (about what is a small business entity) of the Income Tax Assessment Act 1997 to $10 million were instead a reference to $50 million; and
 (ii) the reference in paragraph 328‑110(5)(b) of that Act to a small business entity were instead a reference to a person covered by this subsection.