New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)

Schedule 29   Consequential amendments relating to the simplified imputation system

Income Tax Assessment Act 1936

9   Paragraph 128B(3)(ga)

Repeal the paragraph, substitute:

(ga) income that consists of the franked part of a dividend, or the part of a dividend that is franked with an exempting credit (other than a dividend in respect of which a determination is made under paragraph 204-30(3)(c) of the Income Tax Assessment Act 1997 or a dividend or a part of a dividend in respect of which a determination is made under paragraph 177EA(5)(b)); or