Document ID: chunk:federal_register_of_legislation:C2024A00134:clause:1_27:p2
Version: federal_register_of_legislation:C2024A00134
Segment Type: clause
Provision Reference: sch 1 cl 27 (pt 2/3)
Character Range: 14244–16934

Framework (within the meaning of the *Minimum Tax Rules); or
 (b) if the expression GloBE Implementation Framework is not used in the Minimum Tax Rules—has the meaning given by the regulations.
GloBE Information Return has the meaning given by section 127‑5 in Schedule 1 to the Taxation Administration Act 1953.
GloBE Investment Entity:
 (a) means an Investment Entity (within the meaning of the *Minimum Tax Rules); or
 (b) if the expression Investment Entity is not used in the Minimum Tax Rules—has the meaning given by the regulations.
GloBE Joint Venture means a Joint Venture (within the meaning of the *Minimum Tax Act).
GloBE JV Subsidiary means a JV Subsidiary (within the meaning of the *Minimum Tax Act).
GloBE located: a *GloBE Entity or *GloBE Permanent Establishment is GloBE located in a jurisdiction for a *Fiscal Year if the GloBE Entity or GloBE Permanent Establishment is located in that jurisdiction for the Fiscal Year for the purposes of the *Minimum Tax Act.
GloBE Main Entity, in respect of a *GloBE Permanent Establishment, means the Main Entity (within the meaning of the *Minimum Tax Act) in respect of the GloBE Permanent Establishment.
GloBE partnership has the meaning given by subsection 128‑20(6) in Schedule 1 to the Taxation Administration Act 1953.
GloBE Permanent Establishment means a Permanent Establishment (within the meaning of the *Minimum Tax Act).
GloBE Rules has the same meaning as in the *Minimum Tax Act.
GloBE Securitisation Entity means a Securitisation Entity (within the meaning of the *Minimum Tax Act).
GloBE Transition Year, of an *Applicable MNE Group:
 (a) means the Applicable MNE Group's Transition Year (within the meaning of the *Minimum Tax Rules) for Australia; or
 (b) if the expression Transition Year is not used in the Minimum Tax Rules—has the meaning given by the regulations.
GloBE Ultimate Parent Entity, of an *Applicable MNE Group, means the Ultimate Parent Entity (within the meaning of the *Minimum Tax Act, as affected by section 28 of that Act) of the Applicable MNE Group.
Group Entity, of an *Applicable MNE Group, has the same meaning as in the *Minimum Tax Act.
Minimum Tax Act means the Taxation (Multinational—Global and Domestic Minimum Tax) Act 2024.
Minimum Tax law means:
 (a) the *Minimum Tax Act; and
 (b) any Act that imposes *Australian GloBE tax; and
 (c) the Taxation Administration Act 1953, so far as it relates to an Act covered by paragraph (a) or (b); and
 (d) any other Act, so far as it relates to an Act covered by paragraphs (a) to (c) (or to so much of that Act as is covered); and
 (e) regulations or any legislative instrument under an Act, so far as they relate to any Act covered by