Tax Law Improvement Act 1997 (121 of 1997)

Schedule 3   Exempt income

Part 3   Consequential amendment of the Income Tax Assessment Act 1936

46   Section 102M (subparagraph (b)(ii) of the definition of exempt entity)

Omit “paragraph 23(j)”, substitute “item 1.5 or 1.6 of the table in section 50-5 of the Income Tax Assessment Act 1997”.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).