Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)
Schedule 6
Part 16 Demutualisation
Income Tax Assessment Act 1997
162 Subsection 316-155(2)
Omit “the scheme approved by a court for the demutualisation provides for a trust (the lost policy holders trust ) to exist”, substitute “, under the demutualisation, a trust (the lost policy holders trust ) exists”.
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