Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p48
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 48/59)
Character Range: 7986888–7989619

to make a payment for rental or hire on time; or
 (b) a *termination amount.
luxury car lease payment period means a period for which a *luxury car lease payment under the lease is allocated or expressed to be payable.
Note: If a luxury car lease payment period for a lease of a luxury car would otherwise be longer than 6 months, subsection 242‑35(3) divides the original period into periods of no longer than 6 months.
luxury car tax has the meaning given by section 27‑1 of the *Luxury Car Tax Act.
Luxury Car Tax Act means the A New Tax System (Luxury Car Tax) Act 1999.
luxury car tax law has the meaning given by section 27‑1 of the *Luxury Car Tax Act.
majority control has the meaning given by section 45‑145 in Schedule 1 to the Taxation Administration Act 1953.
majority underlying interests in a *CGT asset has the meaning given by section 149‑15.
make, in relation to a *film, has the meaning given by section 376‑125.
managed investment scheme means an entity, with more than 20 members, that is:
 (a) a managed investment scheme for the purposes of the Corporations Act 2001; or
 (b) an entity with a similar status to a managed investment scheme under a *foreign law relating to corporate regulation.
managed investment trust has the meaning given by section 275‑10.
managed investment trust withholding tax means income tax payable under:
 (a) Subdivision 840‑M of this Act; or
 (b) Subdivision 840‑M of the Income Tax (Transitional Provisions) Act 1997.
margin scheme has the same meaning as in the *GST Act.
market integrity rules means rules made under section 798G of the Corporations Act 2001.
market value has a meaning affected by Subdivision 960‑S.
market value method of working out the *value of a *registered emissions unit has the meaning given by section 420‑54.
maximum allowable debt:
 (a) for an *outward investing financial entity (non‑ADI)—has the meaning given by section 820‑90 (or that section as applied by section 820‑120); and
 (b) for an *inward investing financial entity (non‑ADI) covered by paragraph 820‑185(1A)(a) (or 820‑225(1)(a))—has the meaning given by section 820‑190 (or that section as applied by section 820‑225).
maximum available release amount, for a *superannuation interest, has the meaning given by section 131‑45 in Schedule 1 to the Taxation Administration Act 1953.
maximum exempt area has the meaning given by section 118‑255.
maximum exploration credit amount for an income year has the meaning given by subsection 418‑85(2).
maximum franking credit for a distribution has the meaning given by subsection 202‑60(2).
MBL benefit has the meaning given by section 117‑15 in Schedule 1 to the Taxation Administration Act 1953.
MBL reporting day, for a *quarter, has the