Taxation Laws Amendment Act (No. 4) 2003 (66 of 2003)

Schedule 3   Non-assessable non-exempt income

Income Tax Assessment Act 1997

117   Section 208-115 (table item 2)

Omit "the distribution is not wholly *exempt income of the entity", substitute "some part of the distribution is neither *exempt income nor *non-assessable non-exempt income of the entity".