Document ID: chunk:federal_register_of_legislation:C2025C00162:clause:1a_1207a:p2
Version: federal_register_of_legislation:C2025C00162
Segment Type: clause
Provision Reference: sch 1A cl 1207A (pt 2/3)
Character Range: 2535501–2538263

includes any person (by whatever name called) occupying the position of a director of a company.
entity means any of the following:
 (a) an individual;
 (b) a company;
 (c) a trust;
 (d) a business partnership;
 (e) a corporation sole;
 (f) a body politic.
group includes:
 (a) one entity alone; or
 (b) a number of entities, even if they are not in any way associated with each other or acting together.
income attribution percentage has the meaning given by section 1207X.
interest in a share has the meaning given by section 1207U.
majority voting interest, in relation to a company, has the meaning given by section 1207E.
primary production enterprise means a business in Australia that consists of primary production.
property includes money.
relative, in relation to a person, has the meaning given by section 1207B.
scheme means:
 (a) any agreement, arrangement, understanding, promise or undertaking, whether express or implied and whether or not enforceable, or intended to be enforceable, by legal proceedings; or
 (b) any scheme, plan, proposal, action, course of action or course of conduct, whether there are 2 or more parties or only one party involved.
services includes any benefit, right (including a right in relation to, and an interest in, real or personal property), privilege or facility and, without limiting the generality of the foregoing, includes a benefit, right, privilege, service or facility that is, or is to be, provided under:
 (a) an arrangement for or in relation to:
 (i) the performance of work (including work of a professional nature), whether with or without the provision of property; or
 (ii) the provision of, or of the use of facilities for, entertainment, recreation or instruction; or
 (iii) the conferring of benefits, rights or privileges for which remuneration is payable in the form of a royalty, tribute, levy or similar exaction; or
 (b) a contract of insurance; or
 (c) an arrangement for or in relation to the lending of money.
share includes stock.
spouse includes, in relation to a person who is a member of a couple (as defined by section 4), the other member of the couple.
subsidiary has the same meaning as in the Corporations Act 2001.
sufficiently influenced, in relation to a company, has the meaning given by section 1207D.
transfer:
 (a) in relation to property—includes dispose of (whether by assignment, declaration of trust or otherwise) or provide; and
 (b) in relation to services—includes allow, confer, give, grant, perform or provide.
trust means a person in the capacity of trustee or, as the case requires, a trust estate.
trustee has the same meaning as in the Income Tax Assessment Act 1997.
underlying transfer, in relation to a transfer of property or services to an entity, means: