House of Representatives
Taxation Laws Amendment Bill (No. 3) 2002
Supplementary Explanatory Memorandum and Correction to the Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Peter Costello, MP)Chapter 1 - Correction to the explanatory memorandum
Chapter 2 - Special transitional credits for rental cars
1.1 Insert after car has the meaning given by subsection 995-1(1) of the ITAA 1997. That is,.
1.2 Delete the word means.
1.3 Delete or after 1 tonne and replace with and.
Chapter 4 - General insurance
1.4 In the general outline and financial impact, the reference on page 5 under the heading Date of effect to the 1997-1998 income year should be changed to the 1996-1997 income year.
1.5 In paragraph 4.3, the reference to the 1997-1998 income year should be changed to the 1996-1997 income year.
1.6 In paragraph 4.72, the reference to the 1997-1998 income year should be changed to the 1996-1997 income year.