Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 (15 of 2009)

Schedule 1   Amendments

Part 2   Consequential amendments

Income Tax Assessment Act 1936

38   Section 128NBA

Omit “net Division 16E amount” (wherever occurring), substitute “net financial arrangement amount”.

Note: The heading to section 128NBA is replaced by the heading “ Credits in respect of amounts assessed in relation to certain financial arrangements ”.