Treasury Laws Amendment (2023 Measures No. 1) Act 2023 (101 of 2023)

Schedule 4   Off-market share buy-backs

Part 1   Off-market share buy-backs

Division 1   Main amendments

Income Tax Assessment Act 1936

5   After subsection 159GZZZQ(3)

Insert:

(3A) Subsection (3) does not apply if the buy-back is by a listed public company.