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INCOME TAX ASSESSMENT ACT 1936 - SECT 322 Meaning of entitled to acquire

INCOME TAX ASSESSMENT ACT 1936 - SECT 322

Meaning of entitled to acquire

    For the purposes of this Part, an entity is entitled to acquire anything that the entity is absolutely or contingently entitled to acquire, whether because of any constituent document of a company, the exercise of any right or option or for any other reason.

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