New Business Tax System (Debt and Equity) Act 2001 (163 of 2001)

Schedule 1   Debt and equity interests

Part 2   Amendment of the Income Tax Assessment Act 1936

Income Tax Assessment Act 1936

116   At the end of section 272-50 in Schedule 2F

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(3) A company distributes capital of the company to a person if the company makes a non-share capital return to the person.