Income Tax Assessment Amendment (Foreign Investment) Act 1992 (190 of 1992)
21 Additional assumption for unlisted country CFC
Section 384 of the Principal Act is amended:
(a) by omitting from paragraphs (2)(a), (b) and (d) "B to D" (wherever occurring) and substituting "B to E";
(b) by inserting after paragraph (2)(c) the following paragraph:
"(ca) amounts included in the notional assessable income of the eligible CFC for the eligible period under Part XI as so modified; and";
(c) by adding at the end of paragraph (2)(d) the following word and subparagraph:
"; and (iv) amounts included under Part XI as so modified.".
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