Income Tax Assessment Act 1997

This Division:

(a) applies to certain amounts transferred to a company ' s share capital account (see Subdivision 197-A ); and

(b) provides for a franking debit to arise if such an amount is transferred to the share capital account (see Subdivision 197-B ); and

(c) provides for the tainting of the share capital account if such an amount is transferred, for how the account may be untainted, and for consequences that flow from untainting the account (see Subdivision 197-C ).