New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)
Schedule 13 Exempting entities and former exempting entities
Income Tax Assessment Act 1997
4 Paragraph 204-30(6)(d)
Repeal the paragraph, substitute:
(d) an*exempting credit would arise in the*exempting account of the member as a result of the distribution; or
(e) the member would not be liable to pay*withholding tax on the distribution, because of the operation of paragraph 128B(3)(ga) of theIncome Tax Assessment Act 1936.