Taxation Laws Amendment Act (No. 5) 2003 (142 of 2003)

Schedule 1   Thin Capitalisation: amendments taking effect on 1 July 2001

Part 3   Choice by some financial entities to be treated as ADIs for thin capitalisation purposes

Income Tax Assessment Act 1997

12   Subsection 995-1(1)

Insert:

precious metal has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.