Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:3_96
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 3 cl 96
Character Range: 292687–293182

96  Subsection 160ATH(3)
Repeal the subsection, substitute:

 (3) If the company is a life assurance company at the beginning of the reckoning day for the current dividend, the component EFA in the formula in subsection 160AQE(3) is worked out using the following formula:
where:

class A franked amount is the amount (if any) that is the class A franked amount of the earlier dividend.

class C franked amount is the amount (if any) that is the class C franked amount of the earlier dividend.