Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf, under former Part IIIAA of the Income Tax Assessment Act 1936 , the termination time in relation to an estimated debit of a company would, but for this section, occur after the end of 30 June 2002, it is taken to have occurred at the end of 30 June 2002.
Note: A franking credit of the appropriate class equal to the debit will arise under former section 160APU of that Act at the beginning of 30 June 2002.