s 41

Refund of franking credits

In force

If:

(a)

the Future Fund Board receives a refund of a tax offset under the Income Tax Assessment Act 1997; and

(b)

the tax offset is attributable to an investment of the DisabilityCare Australia Fund;

the refund is to be credited to the DisabilityCare Australia Fund Special Account.

Note 1:

See also section 84B of the Future Fund Act 2006.

Note 2:

For refunds of tax offsets, see Division 63 of the Income Tax Assessment Act 1997.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.