The ACT available for set-off would normally have been the amount of ACT paid and not repaid in respect of franked payments made or FID paid in that accounting period. The following provisions might however, have affected that amount.

Claims under ICTA88/S242 & ICTA88/S243

Where the company had made claims under Section 242 or Section 243 the ACT available for set-off in subsequent accounting periods was reduced by the tax credit paid to the company as a result of these claims (see [

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