Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 (15 of 2009)
Schedule 1 Amendments
Part 4 Amendments relating to Division 775
Income Tax Assessment Act 1997
110 At the end of section 960-55
Add:
(4) Despite subsection (1), section 960-50 does not apply for the purposes of working out the assessable income, deductions or tax offsets of:
(a) a *securitisation vehicle; or
(b) an entity that satisfies the requirements of subsection 820-39(3).
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