Document ID: chunk:federal_register_of_legislation:C2014C00749:clause:13_2
Version: federal_register_of_legislation:C2014C00749
Segment Type: clause
Provision Reference: sch 13 cl 2
Character Range: 136984–138068

2                  the entity receives a *distribution *franked with an exempting credit; and                                                                                                                                                                                                  an amount worked out under section 208‑165                                                                                                                                                                                                                              on the day on which the distribution is made
                   the entity satisfies the *residency requirement for the income year in which the distribution is made and at the time the distribution is made; and
                   the distribution is not wholly *exempt income of the entity; and
                   the entity is an *eligible continuing substantial member in relation to the distribution; and
                   the distribution is not affected by a manipulation of the imputation system mentioned in section 208‑160