Taxation Laws Amendment Act (No. 2) 1999 (93 of 1999)
Schedule 5 Franking of dividends by exempting companies and former exempting companies
Income Tax Assessment Act 1936
22 Section 160APA
Insert:
class C exempted amount , in relation to a dividend, means so much of the dividend as has been franked in accordance with subsection 160AQFA(2).