Commonwealth Consolidated Acts Commonwealth Consolidated ActsSection 262A of the Income Tax Assessment Act 1936 applies for the purposes of this Division as if:
(a) the reference in that section to a person carrying on a business were a reference to a * corporate tax entity; and
(b) the reference in paragraph (2)(a) of that section to the person's income and expenditure were a reference to the entity's liability to pay * excess exploration credit tax; and
(c) paragraph (5)(a) of that section were omitted.