New Business Tax System (Taxation of Financial Arrangements) Act (No. 1) 2003 (133 of 2003)
Schedule 4 Foreign currency
Part 1 Amendments
Income Tax Assessment Act 1997
55 At the end of section 134-1
Add:
(6) This Division does not apply to:
(a) an option to the extent that the option binds the grantor to *dispose of *foreign currency; or
(b) an option to the extent that the option binds the grantor to *acquire *foreign currency.
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