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

Schedule 5   Definitional changes

Income Tax Assessment Act 1936

43   Subparagraphs 159GZG(6)(b)(ii) and (iii)

Repeal the subparagraphs, substitute:

(ii) an amount is distributed out of the share capital account to, or for the benefit of, an insider;