Tax Law Improvement Act 1997 (121 of 1997)

Schedule 3   Exempt income

Part 3   Consequential amendment of the Income Tax Assessment Act 1936

45   Section 102M (paragraph (a) of the definition of exempt entity)

Repeal the paragraph, substitute:

(a) a body or association to which item 1.1, 1.2, 1.3, 1.4 or 1.7 of the table in section 50-5 or section 50-10, 50-15, 50-20, 50-25, 50-30, 50-40 or 50-45 of the Income Tax Assessment Act 1997 applies;