Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)

Schedule 6  

Part 16   Demutualisation

Income Tax Assessment Act 1997

162   Subsection 316-155(2)

Omit “the scheme approved by a court for the demutualisation provides for a trust (the lost policy holders trust ) to exist”, substitute “, under the demutualisation, a trust (the lost policy holders trust ) exists”.