INCOME TAX ASSESSMENT ACT 1997 - SECT 32.85 Directors, employees and property of wholly - owned group company

INCOME TAX ASSESSMENT ACT 1997 - SECT 32.85

Employees and directors of group company

  (1)   In the case of a company, these provisions cover directors and employees of another company that is a member of the same * wholly - owned group as if they were the company's own directors and employees:

• item   1.1 (exception for * in - house dining facilities) of the table in section   32 - 30;
• item   1.2 (exception for * in - house dining facilities) of the table in section   32 - 30;
• item   1.3 (exception for * dining facilities) of the table in section   32 - 30;
• item   1.5 (exception for recreational facilities) of the table in section   32 - 30;
• section   32 - 55 (which defines in - house dining facility );
• subsection   32 - 60(1) (which defines dining facility );
• paragraph   32 - 65(3)(b).

Property occupied by group company

  (2)   Those provisions also cover property occupied by that other company as if the company occupied that property.