Tax and Superannuation Laws Amendment (2015 Measures No. 1) Act 2015 (70 of 2015)

Schedule 3   Offshore banking units

Part 4   Eligible OB activities

Income Tax Assessment Act 1936

27   At the end of subsection 121D(4)


; or (i) trading with an offshore person in commodities, or in options or rights in respect of commodities, if:

(i) the commodities, options or rights are not mentioned in another paragraph of this subsection; and

(ii) the trading is incidental to an OB eligible contract activity.