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

23   Subsection 995-1(1)

Insert:

tax preferred entity means:

(a) an *exempt entity; or

(b) an *exempt Australian government agency; or

(c) an *associated government entity of an exempt Australian government agency; or

(d) a *prescribed excluded STB; or

(e) an *exempt foreign government agency.