Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (101 of 2006)
Schedule 2 Consequential amendments relating to Schedule 1 repeals etc.
Part 1 Amendments: general
Income Tax Assessment Act 1936
481 Subsection 438(4)
Omit "not a taxable Australian asset within the meaning of Part IIIA of this Act, or".