Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)
Schedule 1 Tax preferred entities (asset financing)
Part 1 Main amendments
Income Tax Assessment Act 1997
14 Subsection 995-1(1)
Insert:
money equivalent means a right to receive:
(a) money; or
(b) something that is a *money equivalent under this definition.
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