Income Tax Assessment Act 1936

Submitted by Richard_Li on Fri, 02/17/2023 - 00:42

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Distinguished Terms in this instrument

Term(s)	Definition	Defined in Legislation	See Section(s)
AFI subsidiary	or Australian financial institution subsidiary has the meaning given by section 326.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation Income Tax Assessment Act 1936 - 326 - 245 General taxation consequences of issue of demutualisation shares
agreement	means any agreement, arrangement, understanding or scheme, whether formal or informal, whether express or implied and whether or not enforceable, or intended to be enforceable, by legal proceedings.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 82KH Interpretation Income Tax Assessment Act 1936 - 82KZL Interpretation Income Tax Assessment Act 1936 - 121F Interpretation Income Tax Assessment Act 1936 - 159GP Interpretation Income Tax Assessment Act 1936 - 102AA Interpretation
aircraft	means a machine or apparatus that can derive support in the atmosphere from the reactions of the air or from buoyancy, but does not include an air ‐ cushion vehicle.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation
allowableOBdeduction	has the meaning given by subsection 121EF(2).	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 121C Interpretation Income Tax Assessment Act 1936 - 121EF Definitions relating to allowable deductions of an OBU
amount paid‐up	on a share means the amount (if any), including any premium, paid on that share.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 6 Interpretation
amount unpaid	on a share means the amount (if any) unpaid on that share.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 6 Interpretation
annual arrears amount	, in relation to an accrual year, means so much of the total arrears amount as accrued in that year.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 159ZR Interpretation
annuity	includes a benefit provided by a life insurance company or a registered organisation, if the benefit is taken, under the regulations, to be an annuity for the purposes of this Act.	Superannuation Industry (Supervision) Act 1993	Superannuation Industry (Supervision) Act 1993 - 10 Definitions
applicant	, in relation to an application for the issue of a tax file number, means the person specified in the application as the person by whom or on whose behalf the issue of a tax file number is sought.	Income Tax Assessment Act 1936
apportionableOBdeduction	has the meaning given by subsection 121EF(5).	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 121EF Definitions relating to allowable deductions of an OBU Income Tax Assessment Act 1936 - 121C Interpretation
approved form	has the meaning given by Schedule 1.	Taxation Administration Act 1953	Taxation Administration Act 1953 - 2 Interpretation
armâs length amount	, in relation to an actual transfer of property or services to a trust estate, means the amount that the trustee could reasonably be expected to have been required to pay to obtain the property or the services concerned from the transferor under a transaction where the parties to the transaction	Income Tax Assessment Act 1936
arrangement payment	, in relation to an arrangement relating to the use, or the control of the use, of an item of property, means so much of any payment liable to be made under the arrangement as represents consideration for any one or more of the following:	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 159GE Interpretation
arrangement period	, in relation to an item of eligible property that is, or is included in, arrangement property in relation to an arrangement at a particular time, means the period that is at that time the total period during which the arrangement is likely to be in force in relation to that item of eligible prop	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 159GE Interpretation
arrangement property	means property that is, or is to be, used, or the use of which is, or is to be, controlled, under an arrangement.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 159GE Interpretation
assessable arrangement payment	means an arrangement payment that, apart from this Division, would be included in whole or in part i n the assessable income of a taxpayer of a year of income.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 159GE Interpretation
assessable OB income	has the meaning given by subsection 121EE(2).	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 121C Interpretation Income Tax Assessment Act 1936 - 121EE Definitions relating to assessable income of an OBU
asset	means property, or a right, of any kind, and includes:	Income Tax Assessment Act 1936
associate	, in relation to a person, means any person who is an associate, within the meaning of section 318, in relation to the person.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation Income Tax Assessment Act 1936 - 82KH Interpretation Income Tax Assessment Act 1936 - 82KZL Interpretation Income Tax Assessment Act 1936 - 121C Interpretation Income Tax Assessment Act 1936 - 159GE Interpretation Income Tax Assessment Act 1936 - 159GP Interpretation Income Tax Assessment Act 1936 - 159GZZZC Interpretationâgeneral Income Tax Assessment Act 1936 - 159ZR Interpretation Income Tax Assessment Act 1936 - 177A Interpretation Income Tax Assessment Act 1936 - 102A Interpretation Income Tax Assessment Act 1936 - 102AAB Interpretation
associate‐inclusive control interest	has the meaning given by section 349.	Income Tax Assessment Act 1936	Income Tax Assessment Act 1936 - 317 Interpretation Income Tax Assessment Act 1936 - 349 Associate - inclusive control interest in a company or trust