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

Schedule 1   Life insurance companies

Part 7   Amendments commencing on Royal Assent

Income Tax Assessment Act 1997

123   Subsection 995-1(1) (definition of Solvency Standard )

Repeal the definition, substitute:

Solvency Standard means the solvency standard mentioned in section 65 of the Life Insurance Act 1995.