Taxation Laws Amendment (Company Law Review) Act 1998 (63 of 1998)
Schedule 6 Amendment of the Income Tax Assessment Act 1997
Part 2 Definitional changes
17 Subsection 995-1(1)
Insert:
paid-up share capital of a company means the amount standing to the credit of the company's share capital account reduced by the amount (if any) that represents amounts unpaid on shares.
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