Commonwealth Numbered Acts

INCOME TAX ASSESSMENT ACT 1975 No. 80 of 1975 - SECT 19

19. (1) Section 46A of the Principal Act is amended by omitting sub-section
(17).

(2) The amendment made by sub-section (1) does not take effect until Papua New
Guinea independence day.

(3) In determining whether a company is entitled to a rebate under section 46A
of the Principal Act as amended by this Act in respect of dividends derived by
the company on or after 26 October 1973, the company shall not be taken to
have been a resident of Australia by reason only of its having been resident
in Papua New Guinea.