New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)
Schedule 1 Consolidation: amendments of various cost base provisions
Part 2 Consequential amendments relating to simplified imputation system
Income Tax Assessment Act 1997
6 Paragraph 705-90(6)(a)
Omit ", if they had been distributed as dividends at the joining time, could have been so franked", substitute "satisfy the requirements of subsection (3)".
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