New Business Tax System (Thin Capitalisation) Act 2001 (162 of 2001)

Schedule 1   Thin capitalisation rules

Part 2   Consequential and other amendments

Income Tax Assessment Act 1936

4D   Subsection 160AF(8) (paragraph (c) of the definition of net foreign income)

After "apportionable deductions", insert "that are not relevant debt deductions".