Tax Laws Amendment (2004 Measures No. 2) Act 2004 (83 of 2004)
Schedule 10 Franked distributions received through certain partnerships and trustees
Part 5 Application and transitional provisions
44 Transitional provision
Subparagraph 207-110(1)(b)(ii) of the Income Tax Assessment Act 1997 as amended by item 29 of this Schedule has effect during the period starting on 1 July 2002 and ending just before the start of the 2003-04 income year as if the reference in that subparagraph to an amount being non-assessable non-exempt income were a reference to the amount being neither assessable income nor exempt income.