Document ID: chunk:federal_register_of_legislation:C2021A00127:clause:3_6a
Version: federal_register_of_legislation:C2021A00127
Segment Type: clause
Provision Reference: sch 3 cl 6A
Character Range: 40607–41658

6A  a *franking debit arises under item 2 or 3 of the table in subsection 219‑30(2) because the company receives a *tax offset refund; and                                                                            the difference (if any) between:                                                                                     on the day on which the amount of the excess is paid
    the company's tax offset refund is subsequently reduced and the company is liable to pay to the Commonwealth the amount of the excess mentioned in subsection 172A(2) of the Income Tax Assessment Act 1936; and  (a) the amount of the franking debit; and
    the company pays the amount of the excess                                                                                                                                                                         (b) the amount the franking debit would have been if the tax offset refund were reduced by the amount of the excess

Division 8—Protected information

Foreign Acquisitions and Takeovers Act 1975