(1) This section has effect for the purposes of applying Subdivision 820-E to the * head company or single company in relation to a period (the test period ) that is all or part of the grouping period.
Note: Subdivision 820-E applies to the head company or single company if it is classified as an inward investing entity (ADI) because of section 820-609.
Average equity capital
(2) The average equity capital of the * head company or single company for the test period is:
(a) the average value, for that period, of all the * ADI equity capital of the company; plus
(b) the average value, for that period, of the amount worked out under subsection 820-613(3).
Note 1: In the case of a choice under section 820-599, paragraph 820-603(4)(b) treats the single company and the relevant Australian permanent establishments as a consolidated group.
Note 2: To calculate an average value for the purposes of this Division, see Subdivision 820-G.
Safe harbour capital amount
(3) The safe harbour capital amount of the * head company or single company for the test period is worked out using the following method statement.
(4) For each of the establishment entity's * Australian permanent establishments covered by the choice, the * risk-weighted assets of the * head company or single company include that part of the entity's risk-weighted assets that:
(a) is attributable to that Australian permanent establishment; and
(b) is not attributable to the entity's * OB activities.
Guide to Subdivision 820-G