ITAA 1936 s 109N(3)

Division 7A: mortgage over a Crown lease and no registration in accordance with State law

Income tax: If a shareholder borrows from a private company under a clause in the company's constitution setting out the terms on which such loans are to be made, is there a 'written agreement' for the purposes of paragraph 109N(1)(a) of Division 7A of the Income Tax Assessment Act 1936 ?

Division 7A: 'Maximum term' of loan where private company takes security over a previously unsecured loan