New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)

Schedule 16   Demerger relief

Part 2   Dividend relief

Income Tax Assessment Act 1936

20   After subsection 128B(3C)

Insert:

(3D) This section does not apply to a demerger dividend to which section 45B does not apply.