Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 2) 1990No. 57, 1990 - SECT 4

4. Section 3 of the Principal Act is amended by omitting paragraph (a) from
the definition of "exempt income" in subsection (1) and substituting the
following paragraphs:
  "(a)   that is made solely for the purpose of reversing a credit previously
made to the account; or

   (aa) that is made for the purpose of deducting an amount under subsection
        221YHZC (1A) of the Income Tax Assessment Act 1936; or".