Taxation Laws Amendment Act (No. 1) 2004 (101 of 2004)

Schedule 11   Technical amendments

Part 4   Amendments commencing on 1 July 2000

Division 6   Miscellaneous amendments relating to repeal of Divisions 8 and 8A of Part III of the Income Tax Assessment Act 1936

Income Tax Assessment Act 1936

118   Subsection 290A(4) (subparagraph (b)(ii) of the definition of fixed interest complying ADF )

Repeal the subparagraph, substitute:

(ii) virtual PST life insurance policies (as defined in the Income Tax Assessment Act 1997) issued by a life assurance company.