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

Schedule 1   Life insurance companies

Part 1   Amendments commencing on 30 June 2000

Income Tax Assessment Act 1997

71   Subsection 995-1(1) (definition of ordinary class )

Repeal the definition, substitute:

ordinary class for a taxable income of a *life insurance company has the meaning given by section 320-139.