Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)

Schedule 1   Tax preferred entities (asset financing)

Part 1   Main amendments

Income Tax Assessment Act 1997

20   Subsection 995-1(1) (after paragraph (a) of the definition of special accrual amount )

Insert:

(aa) Subdivision 250-E of this Act if all the *financial benefits provided and received under the *financial arrangement concerned are denominated in a particular foreign currency;