Taxation Laws Amendment (Foreign Income Measures) Act 1997 (155 of 1997)

Schedule 1   Foreign source income

Part 1   General amendments

Income Tax Assessment Act 1936

38   Sub-subparagraph 385(2)(a)(ii)(C)

Repeal the sub-subparagraph, substitute:

(C) pass the test set out in subsection (2A); and

Note: The heading to section 385 of the Income Tax Assessment Act 1936 is altered by omitting " listed " and substituting " broad-exemption listed ".