Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 220.105

  (1)   These * distributions by an * NZ franking company are * unfrankable:

  (a)   a conduit tax relief additional dividend (as defined in section OB1 of the Income Tax Act 1994 of New Zealand);

  (b)   a supplementary dividend (as defined in that section).

  (2)   This section does not limit section   202 - 45 (about * unfrankable distributions).