Taxation Laws Amendment Act (No. 2) 1994 (82 of 1994)
Part 3 AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936
Division 10 Amendments related to offshore banking units
113 Division not to apply to interest payments on offshore borrowings by offshore banking units
Section 128GB of the Principal Act is amended by adding at the end of subsection (4) the following definition:
"'offshore loan' means a loan to an offshore person within the meaning of section 121E.".
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