Taxation Laws Amendment Act (No. 4) 1995 (171 of 1995)

SCHEDULE 2   AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936 RELATING TO DIVIDEND IMPUTATION

156.   Subparagraph 160ARZD(1)(c)(ii)

Add at the end:

"(E) if the shortfall is a class C deficit deferral tax shortfall- the class C deficit deferral tax that would have been payable by the company in relation to that refund if the tax were assessed on the basis of the company's return under section 160AREA in relation to that refund; and".