INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART III - LIABILITY TO TAXATION  

Division 2 - Income  

Subdivision D - Dividends  

SECTION 46A   REBATE ON DIVIDENDS PAID AS PART OF DIVIDEND STRIPPING OPERATION  

46A(13)   [Section 50 not to apply]  

In considering whether it is reasonable to attribute the whole or any part of a deduction referred to in paragraph (10)(b) to any dividends, the Commissioner shall disregard the operation of section 50 .