Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:3_160atda
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 3 cl 160ATDA
Character Range: 285028–286146

160ATDA  Special treatment of some franking credits and debits arising before 1 July 2000

 (1) If:
 (a) any of the events specified in the event column of the following table occurred in relation to a company before 1 July 2000; and
 (b) the event:
 (i) was not a franking credit arising under section 160APL (carry‑forward of franking surplus); and
 (ii) was not a franking debit arising under section 160APX (under‑franking of a dividend), 160AQB (payment of a franked dividend), 160AQCB, 160AQCBA, 160AQCNA or 160AQCNB (dividend streaming or franking credit trading arrangements), 160AQCC (on‑market share buy back arrangements) or 160AQCNC (private company distributions treated as dividends);
the adjustments specified in the adjustment column for that item are taken to have been made to the company's franking accounts immediately after the event occurred:

Credits and debits arising before 1 July 2000
Item                                           Event                                                                                                                                              Adjustments