Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (88 of 2013)
Schedule 6 Loss carry back consequential amendments
Part 1 Concepts and definitions
Income Tax Assessment Act 1997
5 Subsection 35-15(2)
Omit "so much of your *net exempt income as is not applied for that income year under section 36-10 or 36-15 (about tax losses)", substitute "your *net exempt income for that year (after *utilising the net exempt income under section 36-10 or 36-15 (about tax losses))".
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