Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 3) 1993No. 118, 1993 - SECT 101

101. Section 160ARN of the Principal Act is amended:
(a) by omitting from subsection (10) "franking surplus" (wherever occurring)
and substituting "class A franking surplus or a class B franking surplus";
(b) by omitting from subsection (10) "franking account balance" (wherever
occurring) and substituting "class A franking account balance or a nil class B
franking account balance";

   (c)  by omitting from subsection (10) "a franking deficit" (wherever
        occurring) and substituting "a class A franking deficit or a class B
        franking deficit".