Equity Mortgage Agreements: Division 6C of the Income Tax Assessment Act 1936

investing in land or in an interest in land wholly or primarily for the purpose of deriving rent (paragraph 102M(a) of the ITAA 1936); or 2. investing or trading in loans, bonds, securities, shares or units in a unit trust, or in a right or option in respect of any such investments (paragraph 102M(b) of the ITAA 1936).