Document ID: chunk:federal_register_of_legislation:C2025C00120:section:58ga:p2
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 58GA (pt 2/2)
Character Range: 226491–227454

than $10 million.

Definitions
 (3) In this section:
ordinary income has the same meaning as in the Income Tax Assessment Act 1997.
public company means a company covered by paragraph 103A(2)(a) of the Income Tax Assessment Act 1936, but reading the reference in that paragraph to the last day of the year of income as a reference to the day on which the benefit is provided.
statutory income has the same meaning as in the Income Tax Assessment Act 1997.
subsidiary of a public company means a subsidiary of a public company within the meaning of subsection 103A(4) of the Income Tax Assessment Act 1936, but reading:
 (a) a reference in section 103A of that Act to a year of income as a reference to the day on which the benefit is provided; and
 (b) a reference in that section to a public company as a reference to a public company within the meaning of this section.
tax‑exempt employer means an employer all of whose income is wholly exempt from income tax.