Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:3_21
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 3 cl 21
Character Range: 897288–897755

21  Subsection 18(1)
Omit "section 63A of the Income Tax Assessment Act 1936 to decide whether a deduction is allowable to a Bank body", substitute "Subdivision 165‑C or 166‑C of the Income Tax Assessment Act 1997 to decide whether a Bank body can deduct an amount for a bad debt".

Note: The heading to section 18 is altered by omitting "section 63A" and substituting "bad debt provisions".

Financial Corporations (Transfer of Assets and Liabilities) Act 1993