Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)

Schedule 6  

Part 10   Small business participation percentage

Division 2   Discretionary trusts

Income Tax Assessment Act 1997

111   Subsection 152-70(1) (paragraph (b) of the cell at table item 3, column headed "Is:")

Omit “current year”, substitute “relevant year”.