Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)

Schedule 1   Tax preferred entities (asset financing)

Part 1   Main amendments

Income Tax Assessment Act 1997

18   Subsection 995-1(1)

Insert:

provided in relation to a tax preferred use of an asset , in relation to a *financial benefit, has a meaning affected by section 250-85.