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

96   Section 160APA (paragraph (f) of the definition of frankable dividend )

Repeal the paragraph, substitute:

(f) a dividend that is paid in respect of a non-equity share;