Tax Laws Amendment (2004 Measures No. 2) Act 2004 (83 of 2004)

Schedule 1   Life insurance companies

Part 1   Amendments commencing on 30 June 2000

Income Tax Assessment Act 1997

25   Subparagraph 320-80(2)(a)(ii)

Repeal the subparagraph, substitute:

(ii) the policy is neither an *exempt life insurance policy nor a *funeral policy; and