Taxation Laws Amendment Act (No. 3) 2002 (97 of 2002)
Schedule 2 General insurance
Income Tax Assessment Act 1997
9A Section 10-5 (after table item headed 'franked dividends')
Insert:
|
general insurance |
||
|
gross premiums |
321-45 of Schedule 2J |
|
|
reduction in value of outstanding claims liability |
321-10 and 323-5 of Schedule 2J |
|
|
reduction in value of unearned premium reserve |
321-50 of Schedule 2J |