INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART IIIAA
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FRANKING OF DIVIDENDS
Division 1
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Interpretation
SECTION 160APBA
160APBA
REFERENCES TO FRANKING YEAR
A reference in this Part to a franking year preceded by a figure referring to 2 years (for example 1995-96 franking year ) is a reference to the franking year of the company:
(a) if the franking year of the company is covered by paragraph (a) or (b) of the definition of franking year - that begins on or after 1 January in the first year referred to in the figure but before 1 January in the second year referred to in that figure; or
(b) if the franking year of the company is covered by paragraph (c) of that definition - that begins on 1 July of the first year referred to in the figure.
View history note
Hide history noteA reference in this Part to a franking year preceded by a figure referring to 2 years (for example 1995-96 franking year ) is a reference to the franking year of the company:
(a) if the franking year of the company is covered by paragraph (a) or (b) of the definition of franking year - that begins on or after 1 January in the first year referred to in the figure but before 1 January in the second year referred to in that figure; or
(b) if the franking year of the company is covered by paragraph (c) of that definition - that begins on 1 July of the first year referred to in the figure.
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