Tax Law Improvement Act (No. 1) 1998 (46 of 1998)

10   Amendment of Chapter 6 (the Dictionary) of the Income Tax Assessment Act 1997

49   Subsection 995-1(1)

Insert:

convertible note:

(a) a convertible note of a company has the meaning given by section 82L of the Income Tax Assessment Act 1936; and

(b) a convertible note of a trust or unit trust means a note that has the same or a similar effect in relation to the trust or unit trust.