Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-6 - THE IMPUTATION SYSTEM  

Division 202 - Franking a distribution  

Subdivision 202-C - Which distributions can be franked?  

Operative provisions

SECTION 202-40   Frankable distributions  

202-40(1)  
A *distribution is a frankable distribution , to the extent that it is not unfrankable under section 202-45 .

202-40(2)  
A *non-share dividend is a frankable distribution , to the extent that it is not unfrankable under section 202-45 .