Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Act 2024 (52 of 2024)
Schedule 6 Income tax amendments for updates to accounting standards for general insurance contracts
Part 2 Other amendments
Income Tax Assessment Act 1997
21 Section 713-710 (note 2)
Omit "the unearned premium reserve of a general insurance company", substitute "a general insurance company's adjusted liability for remaining coverage".
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