Document ID: chunk:federal_register_of_legislation:C2010C00584:clause:10_250
Version: federal_register_of_legislation:C2010C00584
Segment Type: clause
Provision Reference: sch 10 cl 250
Character Range: 151940–152441

250  Subsection 205‑50(3)
Omit "If an entity ceases to be a *franking entity during an income year, a *refund of income tax is taken to have been paid to it immediately before it ceased to be a franking entity, for the purposes of subsection 205‑45(3), if:", substitute "If an entity ceases to be a *franking entity during an income year, the entity is taken to have *received a refund of income tax immediately before it ceased to be a franking entity for the purposes of subsection 205‑45(3) if:".