Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 166.220

    This Subdivision applies to a company (the tested company ) that is:

  (a)   a * widely held company at all times during the income year; or

  (b)   an * eligible Division   166 company at all times during the income year; or

  (c)   a widely held company for a part of the income year and an eligible Division   166 company for the rest of the income year.

Note:   See section   165 - 255 for the rule about incomplete income years.