Commonwealth Consolidated Acts Commonwealth Consolidated ActsA * direct value shift under a * scheme involving * equity or loan interests in an entity (the target entity ) has consequences for you under this Division if, and only if:
(a) the target entity is a company or trust at some time during the * scheme period; and
(b) section 725 - 55 (Controlling entity test) is satisfied; and
(c) section 725 - 65 (Cause of the value shift) is satisfied; and
(d) you are an * affected owner of a * down interest, or an * affected owner of an * up interest, or both; and
(e) neither of sections 725 - 90 and 725 - 95 (about direct value shifts that are reversed) applies.
Note: For a down interest of which you are an affected owner, the direct value shift has consequences under this Division only if section 725 - 70 (about material decrease in market value) is satisfied.