New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)

Schedule 16   Demerger relief

Part 3   Consequential amendments

Income Tax Assessment Act 1997

46   Subsection 995-1(1)

Insert:

demerger dividend has the meaning given by subsection 6(1) of theIncome Tax Assessment Act 1936.