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Payroll Tax Act 1971
sec.13NDefinitions for div 1C
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### sec.13N Definitions for div 1C
In this division—
director , of a company, includes—
a person who, under a contract or other arrangement, is to be appointed as a director of the company; and
a former director of the company.
granted , in relation to a share or option, see section 13O .
grantee , in relation to a grant of a share or option comprising wages for this Act, means the employee or director to whom the share or option is granted.
grantor , in relation to a grant of a share or option comprising wages for this Act, means the employer or company by whom the share or option is granted.
relevant day see section 13Q (2) .
vesting day see section 13R (2) .
s 13N ins 2008 No. 16 s 9
- (a) a person who, under a contract or other arrangement, is to be appointed as a director of the company; and
- (b) a former director of the company.