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

70   At the end of subsection 177EA(18)

Add:

; or (e) the shareholder is a company and an exempting credit of the company arises under section 160AQCNF.