Income Tax Assessment Act 1997
An entity (the first entity ) is a controller (for CGT purposes) of a company if:
(a) the first entity has an *associate-inclusive control interest in the company of at least 50%; or
(b) the first entity has an associate-inclusive control interest in the company of at least 40% and entities other than the first entity or associates of the first entity do not control the company; or
(c) the first entity controls the company (alone or with an *associate).
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