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24 Sep 08 2008 Measures No 3 Bill receives Royal Assent

On 20 September 2008, Tax Laws Amendment (2008 Measures No 3) Bill 2008 received Royal Assent as Act No 91 of 2008.  The Bill:

  • amends shareholder and unitholder rights (to overcome McNeil's case); and
  • makes amendments to the restriction on GST refunds and time limits for recovery and refund of indirect tax (to overcome the KAP Motors case).

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