Income Tax Assessment Act 1936

S 46K repealed by No 79 of 2007 , s 3 and Sch 6 item 1, applicable in relation to distributions made on or after 1 July 2004. S 46K formerly read:

SECTION 46K DEBIT FOR DEEMED DIVIDENDS  
46K
If any provision of this Act (other than the definition of dividend in subsection 6(1) ) deems the company to have paid a dividend as a result of a distribution, payment or crediting, the dividend is taken for the purposes of sections 46G to 46M to have been debited against the accounts against which the distribution, payment, or crediting was debited, and to the same extent.

Note:

An example of a provision to which this section applies is section 47 .

S 46K inserted by No 170 of 1995.