Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 316.100

What this Subdivision is about

The value of the friendly society and its business affects cost bases of shares and certain rights issued under the demutualisation to:

               (a)     entities that are or were members of the friendly society; or

              (b)     entities insured through the society or its subsidiaries; or

               (c)     successors of such entities; or

              (d)     the trustee of the lost policy holders trust.

Table of sections

316-105    Cost base and time of acquisition of shares and certain rights issued under demutualisation

316-110    Demutualisation assets

316-115    Entities to which section 316- 105 applies



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