Document ID: chunk:federal_register_of_legislation:C2005A00162:clause:6_5
Version: federal_register_of_legislation:C2005A00162
Segment Type: clause
Provision Reference: sch 6 cl 5
Character Range: 33690–34255

5  At the end of section 164‑20
Add:

 (4) To avoid doubt, if:
 (a) it appears that a debit to the company's *non‑share capital account has arisen because an interest in the company appears to be, or have become, a *debt interest at a time in a particular income year; and
 (b) because subsection 974‑75(6) or 974‑110(1A) is subsequently found not to apply in relation to the interest and that income year, the interest was not in fact, or did not in fact become, a debt interest at that time;
the debit referred to in paragraph (a) is taken never to have arisen.