Document ID: chunk:federal_register_of_legislation:C2005A00147:clause:1_148
Version: federal_register_of_legislation:C2005A00147
Segment Type: clause
Provision Reference: sch 1 cl 148
Character Range: 110223–111121

148  Subsection 995‑1(1)
Insert:

eligible Division 166 company means a company:
 (a) that is not a *widely held company; and
 (b) in which:
 (i) *voting stakes that carry rights to more than 50% of the voting power in the company; or
 (ii) *dividend stakes that carry rights to receive more than 50% of any dividends that the company may pay; or
 (iii) *capital stakes that carry rights to receive more than 50% of any distribution of capital of the company;
  are beneficially owned (whether directly, or *indirectly through one or more interposed entities) by:
 (iv) a widely held company; or
 (v) an entity mentioned in subsection 166‑245(2) that satisfies the condition in subsection 166‑245(3); or
 (vi) a *non‑profit company; or
 (vii) a charitable institution, a charitable fund or any other kind of charitable body; or
 (viii) 2 or more entities mentioned in subparagraphs (iv) to (vii).