Tax Laws Amendment (2004 Measures No. 2) Act 2004 (83 of 2004)

Schedule 1   Life insurance companies

Part 2   Amendments commencing on 30 June 2001

Income Tax Assessment Act 1997

89   Subsection 320-255(3A)

Repeal the subsection, substitute:

(3A) Subsection (3) does not apply in relation to an amount that the company can deduct under a provision in Division 40.


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