Tax Laws Amendment (Transfer of Provisions) Act 2010 (79 of 2010)

Schedule 5   General insurance

Part 2   Consequential amendments

Income Tax Assessment Act 1997

7   Section 12-5 (table item headed "general insurance")

Repeal the item, substitute:

general insurance companies and companies that self insure

 

claims paid

321-25 and 321-95

increase in value of outstanding claims liability

321-15 and 321-85

increase in value of unearned premium reserve

321-55