Tax Laws Amendment (2004 Measures No. 2) Act 2004 (83 of 2004)

Schedule 10   Franked distributions received through certain partnerships and trustees

Part 1   Amendments commencing on 1 July 2000

Income Tax Assessment Act 1936

2   At the end of section 160APHBG


(10) An exempt institution whose exempt status is disregarded under subsection 160ARDAB(1) cannot be taken to be a prescribed person in relation to a company under this section.