Tax Laws Amendment (2006 Measures No. 3) Act 2006 (80 of 2006)

Schedule 9   Pre-1 July 88 funding credits

Income Tax Assessment Act 1936

1   Paragraph 275B(2)(b)

Repeal the paragraph, substitute:

(b) contributions covered by subparagraph 274(1)(a)(i) paid to the fund in the year of income that are used to fund liabilities that accrued before 1 July 1988.