INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
View history note
Hide history noteFor the purposes of this Subdivision, if:
(a) an entity:
(i) leases property; or
(ii) grants a right to another person to use property; or
(iii) enters into a contract or arrangement with another person for the use of the property by that other person; and
(b) the property is:
(i) for use in a business carried on by the entity which consists principally of the provision by the entity of either or both of the following:
(A) entertainment;
(B) accommodation for tourists or travellers; or
(ii) for use in a business carried on by the entity a substantial part of which consists of the provision by the entity of accommodation for tourists or travellers; or
(iii) for use in premises used or held for use by the entity principally for the purpose of deriving income in the nature of rent by the provision of accommodation for tourists or travellers;
the entity is taken to have leased the property, granted rights to use the property, or entered into a contract or arrangement with the other person for the use of the property by that other person, as the case requires, in the entity's capacity as an eligible entertainment/tourism operator.
82APA(2) [``entity'']In this section:
(a) a company; or
(b) a partnership; or
(c) a person in a particular capacity of trustee; or
(d) any other person.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
