New Business Tax System (Debt and Equity) Act 2001 (163 of 2001)

Schedule 1   Debt and equity interests

Part 2   Amendment of the Income Tax Assessment Act 1936

Income Tax Assessment Act 1936

113   Before section 558

Insert:

557A Certain other provisions to be disregarded in applying this Subdivision

In applying this Subdivision, disregard:

(a) Division 974 of the Income Tax Assessment Act 1997; and

(b) the operation of any provision of this Act to the extent to which that operation depends on an expression whose meaning is given by Division 974 of the Income Tax Assessment Act 1997.