Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (88 of 2013)

Schedule 6   Loss carry back consequential amendments

Part 1   Concepts and definitions

Income Tax Assessment Act 1997

27   Subsection 170-145(1) (note)

Omit "loss company would carry forward the whole of the net capital loss", substitute "whole of the net capital loss would be unutilised".