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COMMONWEALTHAct
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s 725-1

Application of Division 725

In force
Chapter 3Specialist liability rules
Part 3-95Value shifting
Division 725Direct value shifting affecting interests in companies and trusts

725-1 Application of Division 725

Division 725 applies to a scheme entered into on or after 1 July 2002. It also applies to a scheme entered into on or after 27 June 2002, but only if:

(a)

the decrease times for down interests of which entities are affected owners are all on or after 1 July 2002; and

(b)

the increase times for up interests of which entities are affected owners are all on or after 1 July 2002.

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