‑1 What this Division is about
This Division: (a) applies to certain amounts transferred to a company’s share capital account (see Subdivision 197‑A); and (b) provides for a franking debit to arise if such an amount is transferred to the share capital account (see Subdivision 197‑B); and (c) provides for the tainting of the share capital account if such an amount is transferred, for how the account may be untainted, and for consequences that flow from untainting the account (see Subdivision 197‑C).
Sourced from the Federal Register of Legislation at 25 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.
Try BriefBridge free