Tax Laws Amendment (2006 Measures No. 3) Act 2006 (80 of 2006)

Schedule 4   Simplified imputation system (share capital tainting rules)

Part 3   Amendment of the old share capital tainting rules

Division 1   Amendments

Income Tax Assessment Act 1936

18   Subsection 160ARDM(6)

Insert:

listing day company valuation amount has the same meaning as it has for the purposes of table 1 in section 121AS, as that table applies in relation to the demutualising company referred to in subsection (4A), or the demutualised company referred to in subsection (4B), as the case requires (see note 3 to that table).