Taxation Laws Amendment Act (No. 5) 2003 (142 of 2003)

Schedule 6   Reducing tax on excessive ETPs

Part 1   Main amendments

Income Tax Rates Act 1986

4   Subsection 3(1)

Insert:

taxed element of the retained amount of the post-June 83 component of an ETP has the meaning given by section 27AC of the Assessment Act.