Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (101 of 2006)

Schedule 2   Consequential amendments relating to Schedule 1 repeals etc.

Part 1   Amendments: general

Income Tax Assessment Act 1936

400   Paragraphs 160AGA(1)(a) and (b)

Repeal the paragraphs, substitute:

(a) a non-resident taxpayer derives an amount from sources outside Australia; and

(b) the amount or a part of the amount (which amount or part is the eligible amount ) is included in the taxpayer's assessable income of a year of income under subsection 26AG(2); and