Taxation Laws Amendment Act (No. 3) 1993 (118 of 1993)
Part 4 AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936
Division 9 Amendments relating to dividend imputation
Subdivision B Amendments of the Principal Act
86 Entitlement to offset
Section 160AQK of the Principal Act is amended:
(a) by omitting from paragraph (1)(a) "franking deficit tax" and substituting "class A franking deficit tax or class B franking deficit tax, or both,";
(b) by omitting from paragraph (1)(c) "amount of the franking deficit tax" and substituting "sum of the class A franking deficit tax and the class B franking deficit tax".
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