Taxation Laws Amendment Act (No. 2) 1994 (82 of 1994)
Part 3 AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936
Division 10 Amendments related to offshore banking units
111 Meaning of 'OB activity'
Section 121D of the Principal Act is amended:
(a) by adding at the end of subsection (2) the following word and paragraphs:
(c) borrowing gold from an offshore person; or
(d) lending gold to an offshore person.";