Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 230.65

  (1)   This section applies if:

  (a)   a * financial benefit plays the integral role mentioned in paragraph   230 - 60(1)(c) or (2)(c) in relation to a * financial arrangement; and

  (b)   either or both of the following apply:

  (i)   the financial benefit plays that role in relation to one or more other financial arrangements;

  (ii)   the financial benefit is provided or received for one or more other things that are not financial arrangements.

  (2)   For the purposes of this Division, determine the amount of the * financial benefit that plays that role in relation to a particular * financial arrangement by apportioning the actual amount of the financial benefit, on a reasonable basis, between:

  (a)   that financial arrangement; and

  (b)   each other financial arrangement (if any) in relation to which the benefit plays that role; and

  (c)   each other thing (if any) mentioned in subparagraph   (1)(b)(ii).