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

Schedule 1   Tax preferred entities (asset financing)

Part 2   Consequential amendments

Income Tax Assessment Act 1997

66   At the end of paragraph 974-130(4)(a)

Add:

(vi) Division 250 of this Act does not apply to a person and the property leased or bailed;