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
Taxation Administration Act 1953
48 Subsection 45-480(2) in Schedule 1 (paragraph (c) of the definition of adjusted net income of the trust )
Omit "can be carried forward for working out the trust's net income for the next income year", substitute "is *unutilised at the end of the *base year".