s 51
In forceRefund of franking credits
Part 4Investment of the Medical Research Future Fund
51 Refund of franking credits
A refund of a tax offset under the Income Tax Assessment Act 1997 is to be credited to the Medical Research Future Fund Special Account if:
(a)
the Future Fund Board receives the refund; and
(b)
the tax offset is attributable to an investment of the Medical Research Future Fund.
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.