Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:3_87
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 3 cl 87
Character Range: 284206–284739

87  Subparagraphs 160ATD(1)(b)(ii) and (iii)
Repeal the subparagraphs, substitute:
 (ii) is not a franking credit arising under section 160APL (carry‑forward of franking surplus); and
 (iii) is 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);