Document ID: chunk:federal_register_of_legislation:C2007A00079:clause:1_32
Version: federal_register_of_legislation:C2007A00079
Segment Type: clause
Provision Reference: sch 1 cl 32
Character Range: 22016–22577

32  Subsection 136(1) (at the end of the definition of fringe benefit)
Add:
 (s) a loan (within the meaning of section 109D of the Income Tax Assessment Act 1936), if:
 (i) a dividend is not taken to be paid under that section in relation to the loan, but would be if section 109N of that Act were disregarded; or
 (ii) an amount is not included, as if it were a dividend, in the assessable income of an entity under section 109XB of that Act in relation to the loan, but would be if section 109N of that Act were disregarded.

Income Tax Assessment Act 1936