Tax Laws Amendment (2007 Measures No. 3) Act 2007 (79 of 2007)

Schedule 1   Distributions to entities connected with a private company and related issues

Part 1   Main amendments

Income Tax Assessment Act 1936

7   Paragraph 109G(3)(a)

Omit “or 109E”.

Note: The heading to subsection 109G(3) is altered by omitting “did give rise to dividend” and substituting “gives rise to dividend under section 109D”.