1A

Subdivision   820 - AA

(a) how all or a part of the debt deductions claimed by an entity covered by the Subdivision may be disallowed under one of three tests (the fixed ratio test, the group ratio test or the third party debt test); and

(b) how the entity can choose to apply which one of these tests applies; and

(c) where the fixed ratio test applies, whether the entity can claim a special deduction in respect of amounts previously disallowed under the fixed ratio test.

1

Subdivision   820 - B or 820 - C

(a) the meaning of maximum allowable debt for the Subdivision; and

(b) how an entity covered by the Subdivision would have all or a part of its debt deductions disallowed if the maximum allowable debt is exceeded; and

(c) the application of these rules in relation to a part of an income year.

2

Subdivision   820 - D or 820 - E

(a) the meaning of minimum capital amount for the Subdivision; and

(b) how an entity covered by the Subdivision would have all or a part of its debt deductions disallowed if the minimum capital amount is not reached; and

(c) the application of these rules in relation to a part of an income year.

2A

Subdivision   820 - EAA

how all or a part of the debt deductions claimed by an entity covered by Subdivision   820 - AA, 820 - B or 820 - C may be disallowed in relation to:

(a) debt deductions in relation to the acquisition of CGT assets, or legal or equitable obligations, from associate pairs of the acquirer; or

(b) debt deductions in relation to a financial arrangement that is entered into by an entity to fund etc. certain payments or distributions to one or more associate pairs of the entity.

2B

Subdivision   820 - EAB

(a) concepts concerning third party debt; and

(b) concepts that are relevant to entities that choose to apply the third party debt test.

3A

Subdivision   820 - FA

how this Division applies to a consolidated group or MEC group.

3B

Subdivision   820 - FB

special rules for grouping foreign bank branches with a consolidated group, MEC group or single Australian resident company.

4

Subdivision   820 - G

the methods of calculating the average value of a matter for the purposes of this Division.

5

Subdivision   820 - H

the rules for determining:

(a) whether or not an Australian entity controls a foreign entity (for the purposes of determining whether or not Subdivision   820 - B or 820 - D applies to that Australian entity); and

(b) whether or not an Australian entity is controlled by a foreign entity (for the purposes of determining whether or not Subdivision   820 - C applies to that Australian entity).

5A

Subdivision   820 - HA

the meaning of controlled foreign entity debt and controlled foreign entity equity for the purposes of this Division.

6

Subdivision   820 - I

the meaning of various concepts about associate entity for the purposes of this Division.

7

Subdivision   820 - J

the meaning of equity interests in trusts and partnerships for the purposes of this Division.

7A

Subdivision   820 - JA

worldwide debt and equity concepts.

8

Subdivision   820 - K

the meaning of zero - capital amount for the purposes of this Division.

8A

Subdivision   820 - KA

the meaning of cost - free debt capital, and excluded equity interest, for the purposes of this Division.

9

Subdivision   820 - L

special record keeping requirements for the purposes of this Division.