Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 (15 of 2009)

Schedule 1   Amendments

Part 4   Amendments relating to Division 775

Income Tax Assessment Act 1997

107   At the end of section 775-170

Add:

(2) This Division does not apply to a *forex realisation gain or a *forex realisation loss made by:

(a) a *securitisation vehicle; or

(b) an entity that satisfies the requirements of subsection 820-39(3).