INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIAA - FRANKING OF DIVIDENDS  

Division 11 - Additional tax by way of penalty  

SECTION 160ARXC  

160ARXC   TAXATION STATEMENT CAN APPLY TO DIFFERENT FRANKING YEARS OR DIFFERENT REFUNDS  
A particular taxation statement can be taken into account in working out the franking tax shortfalls of a company for 2 or more franking years or 2 or more refunds.