Taxation Laws Amendment (Company Law Review) Act 1998 (63 of 1998)

Schedule 2   Tainting rule

Income Tax Assessment Act 1936

6   After section 160AQCNQ

Insert:

160AQCNR Debits arising from untainting share capital accounts

Franking debits also arise under sections 160ARDQ, 160ARDS, 160ARDV and 160ARDX.