84BFranking credits

#### 84B Franking credits (1) For the purposes of the Income Tax Assessment Act 1997, the Board is taken to be an exempt institution that is eligible for a refund. > Note: See Division 207 of the Income Tax Assessment Act 1997 (franked distributions). (2) Subsection (1) has effect despite subsection 207‑115(1) of the Income Tax Assessment Act 1997. (3) For the purposes of the Income Tax Assessment Act 1997, the Board’s entitlement to a tax offset is to be determined as if any financial assets held by the Board were held by the Board in its own right.