Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 2) 1993No. 18, 1993 - SECT 50

50. Section 606 of the Principal Act is amended by omitting paragraph (2) (b)
and substituting the following paragraph:

"(b) whichever of the following is applicable:

        (i)    if the attribution account payment is made to the taxpayer-the
               FIF attribution account payment;

        (ii)   in any other case-the taxpayer's FIF attribution account
               percentage (for the FIF attribution account entity to which the
               payment is made) of the FIF attribution account payment;
               reduced by any attribution debit that arises under section 372
               for the entity in relation to the taxpayer as a result of the
               making of the payment.".