CTHIn ForceAct
Future Fund Act 2006
30Refund of franking credits
Start here
Get a plain-English read of 30
Turn the raw legal text into a practical explanation grounded in Future Fund Act 2006.
#### 30 Refund of franking credits
If:
(a) the 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 Fund;
the refund is to be credited to the Fund Account.
> Note 1: See also section 84B.
> Note 2: For refunds of tax offsets, see Division 63 of the Income Tax Assessment Act 1997.