Income Tax (Transitional Provisions) Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-6
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THE IMPUTATION SYSTEM
Division 214
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Administering the imputation system
SECTION 214-40
214-40
Amended assessments are treated as franking assessments
Once an amended franking assessment for the entity for the balancing period is made, it is taken to be a franking assessment for the entity for the period.
View history note
Hide history noteOnce an amended franking assessment for the entity for the balancing period is made, it is taken to be a franking assessment for the entity for the period.
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