Income Tax Assessment Act 1997

This Subdivision sets out concepts concerning third party debt. These concepts are relevant to entities that choose to apply the third party debt test, that is:

(a) general class investors that make a choice, or that are taken to have made a choice, under subsection 820-46(4) ; and

(b) outward investing financial entities (non-ADI) that make a choice under subsection 820-85(2C) ; and

(c) inward investing financial entities (non-ADI) that make a choice under subsection 820-185(2C) .