Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 83A.335

Application of Division to stapled securities

             (1)  This Division applies in relation to a stapled security in the same way as it applies in relation to a * share in a company, if at least one of the * ownership interests that are stapled together to form the stapled security is a share in the company.

Note:          This means the Division also applies to rights to acquire such a stapled security in the same way it applies to rights to acquire a share.

             (2)  This Division applies in relation to a stapled security in the same way as it applies in relation to an ordinary * share in a company, if at least one of the * ownership interests that are stapled together to form the stapled security is an ordinary share in the company.

             (3)  For the purposes of this Division, in relation to a stapled security or right to acquire a beneficial interest in a stapled security, a company is taken to include (as part of the company) each * stapled entity for the stapled security, if at least one of the * ownership interests that are stapled together to form the stapled security is a * share in the company.



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