National Rental Affordability Scheme (Consequential Amendments) Act 2008 (130 of 2008)

Schedule 1   Amendment of the Income Tax Assessment Act 1997

8   Subsection 995-1(1) (at the end of the definition of flows indirectly )

Add:

; and (e) subsections 380-25(2), (3) and (4) set out the circumstances in which *NRAS rent flows indirectly to an entity; and

(f) subsection 380-25(5) sets out the circumstances in which NRAS rent flows indirectly through an entity.