Treasury Laws Amendment (Making Sure Foreign Investors Pay Their Fair Share of Tax in Australia and Other Measures) Act 2019 (34 of 2019)
Schedule 4 Sovereign immunity
Part 1 Amendments
Income Tax Assessment Act 1997
5 At the end of section 840-805
(9) Subsections (2), (3) and (4) do not apply to you to the extent that the fund payment part relates to an amount that is *non-assessable non-exempt income of yours because of:
(a) Division 880; or
(b) Division 880 of the Income Tax (Transitional Provisions) Act 1997.