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13.3.4. Definition of Control

The concept of control is defined in terms of an "interest" held by the Australian resident in the CFC, which, as mentioned above, is construed to refer to the resident’s share in the CFC’s total paid-up share capital, the voting rights in respect of certain decisions (i.e. those concerning capital and profit distributions, share capital variations and the CFC’s constituent documents) and the right to capital or profit distributions on winding up or otherwise.