Tax and Superannuation Laws Amendment (2013 Measures No. 2) Act 2013 (85 of 2013)

Schedule 8   Taxation of financial arrangements

Part 5   Transitional balancing adjustments

Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009

50   After paragraph 104(14)(c) of Schedule 1

Insert:

(ca) the attributable assessable amount represents the whole of the deferred tax effect of a gain or loss from the financial arrangement that has been recognised in profit or loss in accordance with the accounting principles mentioned in paragraph 230-395(2)(a) of the Income Tax Assessment Act 1997;