Taxation Laws Amendment Act (No. 1) 2001 (72 of 2001)
Schedule 2 Arrangements treated as a sale and loan and limited recourse debt
Part 3 Consequential amendments: limited recourse debt
Income Tax Assessment Act 1936
63 After subsection 160ZJA(2)
Insert:
(2A) The reference in paragraph (1)(c) to an amount that has been allowed or is allowable as a deduction does not include an amount allowed under Division 243 of the Income Tax Assessment Act 1997.
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