Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 3) 1994 No. 138 of 1994 - SECT 28

28. After section 533 of the Principal Act the following section is inserted
in Division 17 of Part XI: Foreign investment fund losses to be expressed in
Australian currency

"533A. For the purposes of section 532 or 533, if the foreign investment fund
loss mentioned in that subsection is not expressed in Australian currency, it
is to be converted to the corresponding amount in Australian currency in
accordance with the rate of exchange applicable at the end of the notional
accounting period.".