Document ID: chunk:federal_register_of_legislation:C2005C00443:clause:2_120
Version: federal_register_of_legislation:C2005C00443
Segment Type: clause
Provision Reference: sch 2 cl 120
Character Range: 66271–66808

120  Subsection 385(2A)
Repeal the subsection, substitute:

 (2A) For the purposes of sub-subparagraphs (2)(a)(ii)(C) and (2)(d)(ii)(C), income or other amounts pass the test set out in this subsection if both:
 (a) the income or other amounts are adjusted tainted income (within the meaning of section 386); and
 (b) the income or other amounts are not subject to tax in the listed country or in any other listed country in a tax accounting period ending before the end of the eligible period or commencing during the eligible period.