INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIAA - FRANKING OF DIVIDENDS  

Division 1 - Interpretation  

SECTION 160APG  

160APG   SUFFICIENT RESIDENCE FOR COMPANY IN YEAR OF INCOME  
For the purposes of this Part, a company is sufficiently resident in a year of income if, and only if:

(a) the company is a resident for more than one-half of the year of income; or

(b) the company is a resident at all times during the year of income when the company exists.