Taxation Laws Amendment Act (No. 4) 2002 (53 of 2002)

Schedule 1   Thin capitalisation

Part 1   Amendments

Income Tax (Transitional Provisions) Act 1997

45   At the end of subsection 820-40(1)

Add:

; and (d) the arrangement giving rise to the interest is not an arrangement covered by paragraphs (a), (b), (c) and (d) of subsection 974-75(4) of the Income Tax Assessment Act 1997 before that subsection ceases to have effect on 1 January 2003 (as provided by that subsection).