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

67   Before section 82L

Insert:

82LA Application of Division

(1) This Division applies only for the purposes of:

(a) calculating an eligible CFC's attributable income for the purposes of Part X; and

(b) defining convertible note .

(2) A term used in paragraph (1)(a) has the same meaning as it has when used in Part X.