New Business Tax System (Debt and Equity) Act 2001 (163 of 2001)

Schedule 2   Dictionary amendments

Income Tax Assessment Act 1997

3   Subsection 995-1(1)

Insert:

connected entity of an entity means:

(a) an *associate of the entity; or

(b) another member of the same *wholly owned group if the entity is a company and is a member of such a group.