Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)

Schedule 1   Tax preferred entities (asset financing)

Part 2   Consequential amendments

Income Tax Assessment Act 1936

35   Subsection 170(10AA) (after table item 170)

Insert:

173

Division 250

Asset is put to a tax preferred use by a tax preferred end user