INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
For the purposes of a test, shares are taken to have carried particular rights at all times during the year of income if the Commissioner is satisfied that:
(a) the shares started to carry those rights after the year of income; or
(b) the shares will or may start to carry those rights after the year of income;
because of:
(c) the company's constitution as in force at some time during the year of income; or
(d) an arrangement entered into before or during the year of income.
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