Document ID: chunk:federal_register_of_legislation:C2010C00617:clause:1_1
Version: federal_register_of_legislation:C2010C00617
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 2390–3215

1  Subsections 46F(2), (2A) and (2B)
Repeal the subsections, substitute:

 (2) Subject to this section, a shareholder is not entitled to, and must not be allowed, a rebate under section 46 or 46A in respect of:
 (a) if a dividend was paid to the shareholder by a company other than an exempting company, or by an exempting company and section 160APPA applies in relation to the dividend:
 (i) the unfranked part of the dividend; or
 (ii) any part of the dividend in respect of which a determination is made under paragraph 160AQCBA(3)(b) or 177EA(5)(b); or
 (b) if a dividend was paid to the shareholder by an exempting company and section 160APPA does not apply in relation to the dividend—any part of the dividend.

Note: The heading to section 46F is replaced by the heading "Rebate not allowable for certain dividends".