Superannuation Legislation Amendment (Simplification) Act 2007 (15 of 2007)

Schedule 1   Consequential amendments etc.

Part 2   Other consequential amendments etc.

Income Tax Assessment Act 1936

41   After subsection 6AB(1B)

Insert:

(1C) A reference in this Act to foreign income includes a reference to an amount included in assessable income under:

(a) Division 301 of the Income Tax Assessment Act 1997 in its application under section 301-5 of the Income Tax (Transitional Provisions) Act 1997; or

(b) Division 302 of the Income Tax Assessment Act 1997 in its application under section 302-5 of the Income Tax (Transitional Provisions) Act 1997.