Tax Laws Amendment (2006 Measures No. 3) Act 2006 (80 of 2006)

Schedule 4   Simplified imputation system (share capital tainting rules)

Part 2   Consequential amendments relating to rewritten share capital tainting rules

Division 1   Amendments

Income Tax Assessment Act 1997

8   Subsection 995-1(1)

Insert:

tainting amount has the meaning given by subsection 197-50(3).