Tax Laws Amendment (2004 Measures No. 7) Act 2005 (41 of 2005)

Schedule 10   Technical corrections and amendments

Part 2   Technical corrections and amendments commencing otherwise than on Royal Assent

Income Tax Assessment Act 1997

253   Subsection 210-150(3)

Omit "If an entity ceases to be a *PDF during an income year, a *refund of income tax is taken to have been paid to it immediately before it ceased to be a PDF, for the purposes of subsection 210-135(3), if:", substitute "If an entity ceases to be a *PDF during an income year, it is taken to have *received a refund of income tax immediately before it ceased to be a PDF for the purposes of subsection 210-135(3) if:".


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