Document ID: chunk:federal_register_of_legislation:C2010C00673:body:0:p23
Version: federal_register_of_legislation:C2010C00673
Segment Type: other
Provision Reference: 
Character Range: 55147–58045

required under this Act to do so, a return, or any information,
relating to a refund, being a return relating to or information
relating to, or to the affairs of, the company, the company is
liable to pay, by way of penalty, additional tax equal to
double any deficit deferral tax payable in relation to the
refund.".
  65. Paragraph 160ARZA(a):
After "a franking year", insert "or a refund".
  66. Paragraph 160ARZB(a):
After "a franking year", insert "or a refund".
  67. Paragraph 160ARZC(a):
After "a franking year", insert "or a refund".
  68. Paragraph 160ARZD(1)(a):
After "a franking year", insert "or a refund".
  69. Sub-subparagraph 160ARZD(1)(c)(ii)(B):
Omit "and".
  70. After sub-subparagraph 160ARZD(1)(c)(ii)(B):
Insert:
      "(C) if the shortfall is a class A deficit deferral tax
shortfall - the class A deficit deferral tax that would have
been payable by the company in relation to that  refund if the
tax were assessed on the basis of the company's return under
section 160AREA in relation to that refund;
      (D) if the shortfall is a class B deficit deferral tax
shortfall - the class B deficit deferral tax that would have
been payable by the company in relation to that  refund if the
tax were assessed on the basis of the company's return under
section 160AREA in relation to that refund; and".
  71. Paragraph 160ARZE(1)(a):
After "a franking year", insert "or a refund".
  72. Paragraph 160ARZE(1)(b):
After "the year", insert ", or the refund,".
  73. Paragraph 160ARZF(a):
After "a franking year", insert "or a refund".
  74. Paragraph 160ARZF(b):
After "the year", insert ", or the refund,".
  75. Paragraph 160ARZF(c):
After "the year", insert ", or the refund,".
  76. Paragraph 160ARZG(a):
After "a franking year", insert "or a refund".
  77. Subparagraph 160ARZI(b)(ii):
After "the franking year", insert ", or the company's statement
deficit deferral tax in relation to the refund,".
  78. Subparagraph 160ARZI(b)(iii):
Omit "year of income", substitute "franking year or refund,".
  79. Subparagraph 160ARZI(b)(iv):
After "franking year", insert "or refund".
  80. Paragraph 160ARZJ(a):
After "a franking year", insert "or a refund".
  81. Paragraph 160ARZJ(b):
After "the year", insert ", or the refund,".
  82. Paragraph 160ARZK(a):
After "a franking year", insert "or a refund".
  83. Paragraph 160ARZK(b):
After "the year", insert ", or the refund,".
  84. Section 160ARZL:
After "a year", insert "or a refund".
  85. Section 160ARZL:
After "that year", insert ", or that refund,".
  86. Transitional - modification of dividend imputation
provisions resulting from reduction in the company tax rate
  (1) If, after 17 February 1994, any of the following events
occurs:
  (a) a company makes a payment of tax, other than an initial
payment under section 221AP of the Principal Act, in respect of
the 1993-94 year of income during the 1993-94 franking year