Tax Laws Amendment (2004 Measures No. 7) Act 2005 (41 of 2005)

Schedule 10   Technical corrections and amendments

Part 2   Technical corrections and amendments commencing otherwise than on Royal Assent

Income Tax Assessment Act 1997

258   Subsection 320-195(1)

Omit all the words after "does not exceed", substitute "the company's liabilities in respect of the policy".