New International Tax Arrangements (Managed Funds and Other Measures) Act 2005 (21 of 2005)
Schedule 3 Interest withholding tax
Part 1 Updating certain concepts
Income Tax Assessment Act 1936
2 Subsection 128A(1B)
Repeal the subsection, substitute:
(1B) Subsection (1A) applies as if:
(a) paragraph (c) of the definition of qualifying security in subsection 159GP(1) were omitted; and
(b) paragraph (a) of the definition of security in that subsection included a reference to debt interests.