Taxation Laws Amendment Act (No. 4) 2003 (66 of 2003)

Schedule 3   Non-assessable non-exempt income

Income Tax Assessment Act 1936

46A   Paragraph 177EA(15)(b)

Repeal the paragraph, substitute:

(b) paragraph 320-37(1)(a) of the Income Tax Assessment Act 1997 (segregated exempt assets) or paragraph 320-37(1)(d) of that Act (income bonds, funeral policies and scholarship plans).


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