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

Schedule 2   Consolidation etc.

Part 10   Liability for payment of tax where head company fails to pay on time

Income Tax Assessment Act 1997

57   Subsection 721-10(2) (table items 10, 15 and 20)

Repeal the items, substitute:

10

subsection 214-150(1) of the Income Tax Assessment Act 1997 (franking tax)

the income year to which the *franking tax relates

15

subsection 214-150(2) of the Income Tax Assessment Act 1997 (franking tax - part year assessment)

the particular period mentioned in subsection 214-70(1) to which the *franking tax relates

20

subsection 214-150(3) of the Income Tax Assessment Act 1997 (franking tax - amended assessments otherwise than because of deficit deferral)

the income year (or particular period mentioned in subsection 214-70(1)) to which the *franking tax relates

22

subsection 214-150(4) of the Income Tax Assessment Act 1997 (franking tax - deficit deferral)

the income year (or particular period mentioned in subsection 214-70(1)) to which the *franking deficit tax relates


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