Taxation Laws Amendment Act (No. 3) 1998 (47 of 1998)
Schedule 8 Distributions from private companies
Part 1 Income Tax Assessment Act 1936
10 Transitional - written loan agreements
Division 7A of Part III of the Income Tax Assessment Act 1936 applies in relation to the 1997-98 year of income as if paragraph 109N(1)(a) of that Act were repealed and the following paragraph were substituted:
(a) the loan is covered by a written agreement that was made before 1 July 1998; and
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