Fully Credited definition
Fully Credited means, in relation to a Distribution, that Imputation Credits are validly attached to the Distribution, so that the Imputation Ratio of the Distribution is the maximum Imputation Ratio permitted by law.
Fully Credited means, in relation to a Dividend, that Imputation Credits are validly attached to the Dividend, so that the imputation ratio of the Dividend is the maximum imputation ratio permitted by law.
Fully Credited means, in respect of any dividend, that part of the dividend which is calculated by multiplying the dividend (exclusive of any imputation credit (as defined in section 394A(1) of this Act) or dividend withholding payment credit (as so defined) attached to the dividend) by the lesser of 1 and the following fraction -