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New Business Tax System (Franking Deficit Tax) Act 2002
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3 Definitions
In this Act:
corporate tax entity has the same meaning as in the Income Tax Assessment Act 1997.
franking account has the same meaning as in the Income Tax Assessment Act 1997.
franking credit has the same meaning as in the Income Tax Assessment Act 1997.
franking deficit has the same meaning as in the Income Tax Assessment Act 1997.
franking deficit tax means:
(a) franking deficit tax payable under section 205‑45 of the Income Tax Assessment Act 1997; and
(b) franking deficit tax payable under section 205‑25 of the Income Tax (Transitional Provisions) Act 1997.
franking entity has the same meaning as in the Income Tax Assessment Act 1997.
income year has the same meaning as in the Income Tax Assessment Tax 1997.