Section OP 15 — Income Tax Act 2007: Consolidated ICA replacement payment to company under share-lending arrangement

OP 15 Consolidated ICA replacement payment to company under share-lending arrangement Credit (1) A consolidated imputation group has an imputation credit for the amount of an imputation credit attached under section OB 64 (Replacement payments) or treated as attached under section RE 25 (When amount of tax treated as imputation credit) to a replacement payment paid under a share-lending arrangement to a company that is part of the consolidated imputation group at the date of payment. Table reference (2) The imputation credit in subsection (1) is referred to in table O19: imputation credits of consolidated imputation groups, row 10 (replacement payment under share-lending arrangement). Credit date (3) The credit date is the day the replacement payment is paid. Defined in this Act: amount , company , consolidated imputation group , imputation credit , pay , replacement payment , share-lending arrangement , Compare: 2004 No 35 s ME 11(1)(eb), (ec), (2)(cb)