Taxation Laws Amendment Act (No. 1) 2004 (101 of 2004)
Schedule 11 Technical amendments
Part 3 Amendments commencing on 30 June 2000
Division 3 Deductions for life assurance premiums
Income Tax Assessment Act 1936
42 Subsection 67AAA(3)
Insert:
risk component of a premium for a life assurance policy means the amount of the premium worked out on the basis specified in the regulations.
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