New Business Tax System (Debt and Equity) Act 2001 (163 of 2001)

Schedule 1   Debt and equity interests

Part 2   Amendment of the Income Tax Assessment Act 1936

Income Tax Assessment Act 1936

38   Subsection 6(1) (paragraph (b) of the definition of income from personal exertion)

Repeal the paragraph, substitute:

(b) rents, dividends or non-share dividends.