Taxation Laws Amendment Act (No. 1) 1995 (120 of 1995)

Schedule 1   VARIOUS AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936

Part 10   PAYMENT OF INSTALMENTS BY COMPANIES ETC.

77   After subsection 207A(2)

Insert:

"(2A) For the purposes of this section, the tax specified under section 221AZS in a return is taken to be reduced by any credits or offsets, within the meaning of paragraph 221AZP(1)(b), in determining the amount of the final instalment, if any, under section 221AZK.".