Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 3) 1994 No. 138 of 1994 - SECT 23

23. Section 94T of the Principal Act is repealed and the following section is
substituted: Residence of corporate limited partnership

"94T. For the purposes of the income tax law, the partnership is:

   (a)  a resident; and

   (b)  a resident within the meaning of section 6; and

   (c)  a resident of Australia; and

   (d)  a resident of Australia within the meaning of section 6; if and only
        if:

   (e)  the partnership was formed in Australia; or

   (f)  either:

        (i)    the partnership carries on business in Australia; or

        (ii)   the partnership's central management and control is in
               Australia.".