Tax Laws Amendment (Transfer of Provisions) Act 2010 (79 of 2010)
Schedule 2 Forgiveness of commercial debts
Part 1 Main amendments
Income Tax Assessment Act 1997
6 Subsection 995-1(1)
Insert:
moneylending debt means a debt resulting from a loan of money in the ordinary course of a*business of lending money carried on by the creditor.
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