1

the * PDF makes a *distribution *franked with a venture capital credit

the amount of the * venture capital credit

the day on which the distribution is made

2

the * PDF receives a *franking debit as a result of *receiving a refund of income tax; and

all or part of the refund is attributable to a * payment of a PAYG instalment or a payment of income tax that gave rise to a * venture capital credit of the PDF

that part of the refund that is attributable to a payment of a PAYG instalment or a payment of income tax that gave rise to a venture capital credit of the PDF

the day on which the franking debit arises; or

if the venture capital credit did not arise until a later day--that later day

3

a * venture capital debit arises for the *PDF under subsection 210-80(2)

the amount of the venture capital debit arising under that subsection

the day on which the * distribution giving rise to the venture capital debit is made

4

the Commissioner makes a determination under paragraph 204-30(3)(a) giving rise to a * franking debit for the * PDF (streaming distributions); and

the * imputation benefit underlying the determination is a *tax offset under section 210-170

the amount of the tax offset

on the day on which the franking debit arises

5

a * venture capital debit arises for the *PDF under section 210- 125 because its net venture capital credits for an income year exceed certain limits

the amount of the excess

the last day of the income year