NSWIn ForceAct
Duties Act 1997
259AMeaning of “small business”
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259A Meaning of “small business”
259A Meaning of “small business”
For the purposes of this Part, a person is a small business—
(a) if the person is a CGT small business entity (within the meaning of section 152-10 (1AA) of the Income Tax Assessment Act 1997 of the Commonwealth) for the income year in which the insurance is effected or renewed, or
(b) in any other circumstances prescribed by the regulations.
s 259A: Ins 2017 No 33, Sch 4 [4].