S 46K repealed by
No 79 of 2007
, s 3 and Sch 6 item 1, applicable in relation to distributions made on or after 1 July 2004. S 46K formerly read:
SECTION 46K DEBIT FOR DEEMED DIVIDENDS
46K
If any provision of this Act (other than the definition of
dividend
in subsection
6(1)
) deems the company to have paid a dividend as a result of a distribution, payment or crediting, the dividend is taken for the purposes of sections
46G to 46M
to have been debited against the accounts against which the distribution, payment, or crediting was debited, and to the same extent.
Note:
An example of a provision to which this section applies is section
47
.
S 46K inserted by No 170 of 1995.