Tax Laws Amendment (2007 Measures No. 4) Act 2007 (143 of 2007)

Schedule 1   New foreign income tax offset rules

Part 4   Consequential and other amendments

Income Tax (Transitional Provisions) Act 1997

195   Subsection 701D-1(1)

After "overall foreign loss", insert "(as defined in former section 160AFD of the Income Tax Assessment Act 1936)".