Section OP 39 — Income Tax Act 2007: Consolidated ICA replacement payment by company under share-lending arrangement

OP 39 Consolidated ICA replacement payment by company under share-lending arrangement Debit (1) A consolidated imputation group has an imputation debit for the amount of an imputation credit attached under section OB 64 (Replacement payments) to a replacement payment paid under a share-lending arrangement by a company that is part of the consolidated imputation group at the time of payment. Table reference (2) The imputation debit in subsection (1) is referred to in table O20: imputation debits of consolidated imputation groups, row 13 (replacement payment under share-lending arrangement). Debit date (3) The debit date is the day the replacement payment is paid. Defined in this Act: amount , company , consolidated imputation group , imputation credit , imputation debit , pay , replacement payment , share-lending arrangement , Compare: 2004 No 35 s ME 12(1)(ab), (2)(ab)