Statute
Section 121DB — Income Tax Assessment Act 1936: Meaning of OB eligible contract activity
Text of the provision Official document
An OB eligible contract activity is entering into an eligible contract (other than a loan contract that is not a securities lending or repurchase arrangement) with: (a) an offshore person; or (b) if the eligible contract is a non-deliverable forward foreign currency contract—any person.
Official source: Federal Register of Legislation
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