Taxation Laws Amendment (Venture Capital) Act 2002 (136 of 2002)

Schedule 2   Flow-through treatment, and related matters

Income Tax Assessment Act 1936

11   Subsection 18(1)

Omit “unless with the leave of the Commissioner some other date is adopted”, substitute:

unless:

(a) with the leave of the Commissioner some other date is adopted; or

(b) the accounting period ends earlier under section 18A.