Taxation Laws Amendment Act (No. 1) 2001 (72 of 2001)

Schedule 2   Arrangements treated as a sale and loan and limited recourse debt

Part 3   Consequential amendments: limited recourse debt

Income Tax Assessment Act 1936

62   At the end of subsection 160ZJA(2)

Add:

However, it does not include an amount included in a taxpayer's assessable income under Division 243 of the Income Tax Assessment Act 1997.