Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (101 of 2006)

Schedule 2   Consequential amendments relating to Schedule 1 repeals etc.

Part 1   Amendments: general

Income Tax Assessment Act 1936

531   Subsection 268-40(4) in Schedule 2F

Omit "under section 26BA (Double wool clips), or under section 385-185 (Election to defer including profit on second wool clip) of the Income Tax Assessment Act 1997,", substitute "under section 385-185 (Election to defer including profit on second wool clip) of the Income Tax Assessment Act 1997".