Tax Laws Amendment (2004 Measures No. 2) Act 2004 (83 of 2004)

Schedule 1   Life insurance companies

Part 5   Amendments commencing on 30 June 2003

Income Tax Assessment Act 1997

104   Section 320-40 (heading)

Repeal the heading, substitute:

320-40 One-third of certain management fees received under contracts made before 1 July 2000 are non-assessable non-exempt income