Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)

Schedule 6   Removal of the same business test cap

Part 2   Consequential amendments

Income Tax Assessment Act 1997

20   Section 165-117

Omit:

(Companies whose total income for the income year is more than $100 million cannot satisfy the same business test for the second continuity period.)