Tax Laws Amendment (2011 Measures No. 7) Act 2011 (147 of 2011)

Schedule 9   Film tax offsets

Income Tax Assessment Act 1997

21   Section 376-135 (cell at table item 5, column headed "except to the extent to which the expenditure is ...")

Repeal the cell, substitute:

*qualifying Australian production expenditure under item 3 or 4 of the table in subsection 376-150(1) or item 6 of the table in subsection 376-170(2)