Tax Laws Amendment (2009 Budget Measures No. 2) Act 2009 (133 of 2009)

Schedule 1   Employee share schemes

Part 2   Consequential amendments

Income Tax Assessment Act 1997

71   Subsection 995-1(1)

Insert:

ESS interest , in a company, has the meaning given by subsection 83A-10(1).

Note: ESS is short for employee share scheme.