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StatuteIncome Tax Assessment Act 1936

Section 24AO — Income Tax Assessment Act 1936: First way in which a body can be an STB

Text of the provision Official document

A body is an STB if: (a) it is a company limited solely by shares; and (b) all the shares in it are beneficially owned by one or more government entities. Note: For the definition of government entity see section 24AT. Note that an excluded STB is not a government entity.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.