Tax Laws Amendment (2007 Measures No. 3) Act 2007 (79 of 2007)
Schedule 1 Distributions to entities connected with a private company and related issues
Part 1 Main amendments
Income Tax Assessment Act 1936
5 Subsection 109E(2)
Omit the amount of the amalgamated loan that has not been repaid at the end of the current year, substitute the amount of the shortfall mentioned in paragraph (1)(c).