Tax Laws Amendment (Small Business) Act 2007 (80 of 2007)

Schedule 3   STS taxpayers

Part 1   Main amendments

Income Tax Assessment Act 1997

17   Subsection 328-180(5)

Omit “when you are not an *STS taxpayer”, substitute “during an income year for which you are not a *small business entity or do not choose to use this Subdivision”.