Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (88 of 2013)

Schedule 7   Miscellaneous amendments

Part 1   Resource rent taxation

Taxation Administration Act 1953

168   Subsection 8AAZLH(1)

Repeal the subsection, substitute:

(1) This section applies to refunds payable to an entity of RBA surpluses, or excess non-RBA credits that relate to an RBA, if primary tax debts arising under:

(a) any of the BAS provisions (as defined in subsection 995-1(1) of the Income Tax Assessment Act 1997); or

(b) any of the resource rent tax provisions (as defined in that subsection);

have been allocated to that RBA.