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

Schedule 5   Definitional changes

Income Tax Assessment Act 1936

61   Paragraph 160ZZPA(9)(b)

Omit "cancellation, or of a reduction in the paid-up value, of that share or of any other share in the company,", substitute "cancellation of that share or of any other share in the company, or a distribution of the share capital of the company".