Taxation Laws Amendment Act (No. 4) 1994 (181 of 1994)

Schedule 1   AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936

Part 3   DIVIDEND IMPUTATION

51   After section 160ARE

Insert:

Deficit deferral tax returns

"160AREA. If a class A deficit deferral amount (see subsection 160AQJA(2)) or a class B deficit deferral amount (see subsection 160AQJB(2)) arises in relation to a company in relation to a refund, the company must lodge a return in relation to the deficit deferral amount within 14 days after receiving the refund.".