Taxation Laws Amendment Act (No. 3) 1998 (47 of 1998)

Schedule 7   Franking of dividends and other distributions

Part 1   Income Tax Assessment Act 1936 (streaming of dividends or other benefits)

7   After subsection 160AQT(1C)

Insert:

(1D) If a determination is made under paragraph 160AQCBA(3)(b) in respect of the dividend, an amount is not included under this section in the assessable income of a shareholder.