Document ID: chunk:federal_register_of_legislation:C2019A00037:clause:2_20
Version: federal_register_of_legislation:C2019A00037
Segment Type: clause
Provision Reference: sch 2 cl 20
Character Range: 16945–17540

20  Paragraph 59‑35(a)
Repeal the paragraph, substitute:
 (a) the amount would be a mutual receipt, but for:
 (i) the entity's constituent document preventing the entity from making any *distribution, whether in money, property or otherwise, to its members; or
 (ii) the entity's constituent document providing for the entity to issue MCIs (within the meaning of the Corporations Act 2001) or to pay *dividends in respect of MCIs; or
 (iii) the entity having issued one or more MCIs (within the meaning of the Corporations Act 2001) or having paid dividends in respect of one or more MCIs; and