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
61 Subsection 45Z(1A)
Repeal the subsection, substitute:
Application of section
(1A) This section:
(a) does not apply to a dividend that is paid in respect of a non-equity share in a company; and
(b) has effect subject to section 45ZA.
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