Tax Laws Amendment (2004 Measures No. 6) Act 2005 (23 of 2005)
Schedule 3 Simplified Imputation System
Part 3 Application provisions
112 Modified application of section 109ZC in 2002-03
Section 109ZC of the Income Tax Assessment Act 1936, as it applies in relation to assessments for the 2002-03 income year, has effect as if subsection 109ZC(3) were replaced by the following subsection:
(3) Subsection (2) does not cause the amount taken not to be a dividend to be exempt income for the purposes of Part 3-6 of the Income Tax Assessment Act 1997.
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