Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) If an international tax sharing treaty includes provisions that have the force of law because of an Act, and relate to a withholding payment:
(a) on income derived by a non‑resident on or after a particular day; or
(b) in respect of dividends derived on or after a particular day;
the other party to the treaty is a tax sharing country for this Division on and after that day.
(2) If an international tax sharing treaty, not being a treaty to which subregulation (1) applies, includes a provision that has the force of law because of an Act, and limits the amount of Australian tax payable in respect of a dividend, the other party to the treaty is a tax sharing country for this Division.