Income Tax Assessment Act 1997

Div 375 repealed by No 164 of 2007, s 3 and Sch 10 item 71, effective 1 July 2010.

Subdiv 375-H repealed by No 164 of 2007, s 3 and Sch 10 item 71, effective 1 July 2010.

Subdiv 375-H inserted by No 108 of 1998.

S 375-850 repealed by No 164 of 2007, s 3 and Sch 10 item 71, effective 1 July 2010. S 375-850 formerly read:

SECTION 375-850 What this Subdivision is about  

You can deduct amounts you have paid for shares issued to you by a film licensed investment company (FLIC). The deduction does not apply to shares issued after 30 June 2007.

Because of these deductions, there are special rules about the tax treatment of a FLIC.

S 375-850 amended by No 58 of 2005, s 3 and Sch 1 items 2 and 3, by substituting " 30 June 2007 " for " 1 July 2000 " and substituting " a FLIC " for " FLICs " , effective 27 June 2005. No 58 of 2005, s 3 and Sch 1 item 17 contains the following savings provision:

S 375-850 inserted by No 108 of 1998.