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INCOME TAX ASSESSMENT ACT 1997 - SECT 615.15 Interposed company must own all the original interests

INCOME TAX ASSESSMENT ACT 1997 - SECT 615.15

Interposed company must own all the original interests

    The interposed company must own all the * shares or units in the original entity immediately after the time (the completion time ) all the exchanging members have had their shares or units in the original entity disposed of, redeemed or cancelled under the * scheme.

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