Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 820.35

    Subdivision   820 - AA, 820 - B, 820 - C, 820 - D,   820 - E or 820 - EAA does not apply to disallow any * debt deduction of an entity for an income year if the total debt deductions of that entity and all its * associate entities for that year are $2 million or less.