Document ID: chunk:federal_register_of_legislation:C2025C00014:section:159gp:p5
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 159GP (pt 5/5)
Character Range: 1423195–1424219

the series, the person did not issue any qualifying security with exactly the same payment dates, payment amounts and other terms as the first in the series; and
 (c) after issuing the first in the series, the person issues another security (the later security) with exactly the same payment dates, payment amounts and other terms as the first in the series;
the later security is part of an exempt series.
 (9B) In determining for the purposes of paragraph (9A)(b) or (c) whether a security has exactly the same other terms as another security, the fact that the first‑mentioned security has a different issue price than the second‑mentioned security is to be disregarded.
 (10) Where:
 (a) an annuity is issued on or after 29 October 1987;
 (b) the requirements of paragraphs (b) to (e) (inclusive) of the definition of qualifying security in subsection (1) are satisfied in relation to the annuity; and
 (c) the annuity is not an ineligible annuity;
the annuity is a qualifying security for the purposes of this Division.