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

85   After subsection 128B(2C)

Insert:

(2D) Subsections (2B) and (2C) do not apply to income to the extent to which it is a return on an equity interest in a company.