Document ID: chunk:federal_register_of_legislation:C2010C00691:body:0:p45
Version: federal_register_of_legislation:C2010C00691
Segment Type: other
Provision Reference: 
Character Range: 109582–112216

a company, means:
  (a) if a franking year of the company:
    (i) is covered by paragraph (a) of the definition of "franking year"
in section 160APA of the Principal Act; and
    (ii) begins after 31 December 1993 and before 1 July 1994;
that franking year; or
  (b) if a franking year of the company:
    (i) is covered by paragraph (b) of that definition; and
    (ii) begins after 31 December 1993 and before 1 July 1994;
that franking year; or
  (c) if a franking year of the company:
    (i) is covered by paragraph (c) of that definition; and
    (ii) begins on 1 July 1994;
that franking year.

TAXATION LAWS AMENDMENT ACT (No. 3) 1993No. 118, 1993
- SECT 109
Application of amendments

  109.(1) The amendments made by paragraphs 40(c), (d) and (f), and the
amendments of Division 2 of Part IIIAA of the Principal Act made by this
Division, apply in relation to franking credits and franking debits of a
company arising in the company's 1994-95 franking year and each later franking
year.
  (2) The amendments of Division 3 of Part IIIAA of the Principal Act made by
this Division apply in relation to an application for the determination of an
estimated debit, if the application is made after the beginning of the
applicant's 1994-95 franking year.
  (3) The amendments made by paragraph 40(a), and the amendments of
Subdivisions B and C of Division 5, Division 8 and Division 11 of Part IIIAA
of the Principal Act made by this Division, apply in relation to a company's
1994-95 franking year and each later franking year.
  (4) The amendments made by paragraph 40(b), and the amendments of Division
4, Subdivision A of Division 5 and Divisions 6 and 7 of Part IIIAA and section
221YHZC of the Principal Act made by this Division, apply in relation to
dividends paid to a shareholder in a company during the company's 1994-95
franking year and each later franking year.
  (5) The amendments of Division 12 of Part IIIAA of the Principal Act made by
this Division apply in relation to a company's franking account balance for
the company's 1994-95 franking year and each later franking year.

TAXATION LAWS AMENDMENT ACT (No. 3) 1993No. 118, 1993
- SECT 110
Transitional-carry forward of franking surplus from 1993-94

  110. For the purposes of Part IIIAA of the amended Act, if a company had a
franking surplus at the end of the company's 1993-94 franking year, there
arises at the beginning of the company's 1994-95 franking year a class A
franking credit of the company equal to that franking surplus.

TAXATION LAWS AMENDMENT ACT (No. 3) 1993No. 118, 1993
- SECT 111
Transitional-receipt of class A franked dividends or