Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1936 - SECT 121EA

    For a thing done by an OBU to be an OB activity, it is necessary that, when the thing is done:

  (a)   the OBU is a resident and the thing is not done in carrying on business in a country outside Australia at or through a permanent establishment of the OBU; or

  (b)   the OBU is a non - resident and the thing is done in carrying on business in Australia at or through a permanent establishment of the OBU.