Commonwealth Consolidated Acts

TAX LAWS AMENDMENT (2004 MEASURES NO. 2) ACT 2004 - SCHEDULE 11

Income Tax Assessment Act 1936

1   Subsection 160AFE(1)

Omit "160AF(1)(c)", substitute "160AF(1)(d)".

2   Subsection 160AFE(1)

Omit "160AF(1)(d)", substitute "160AF(1)(e)".

3   Subsection 160AFE(4)

Omit "160AF(1)(c)", substitute "160AF(1)(d)".

4   Subsection 160AFE(4)

Omit "160AF(1)(d)", substitute "160AF(1)(e)".

5   Application of amendments of section   160AFE

The application of the amendments of section   160AFE of the Income Tax Assessment Act 1936 made by this Schedule is the same as the application of that section.

Note:   For the application of that section, see items   2, 3, 5, 6 and 7 of Schedule   10 to the New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 .