Tax Law Improvement Act 1997 (121 of 1997)
Schedule 3 Exempt income
Part 3 Consequential amendment of the Income Tax Assessment Act 1936
31 After section 22
Insert:
22A Limits on application of certain exempt income provisions
A provision of this Act set out in the second column of the table does not apply to an assessment for the 1997-98 year of income or a later year of income.
Note: The last column of the table shows the provision of the Income Tax Assessment Act 1997 that applies instead.
|
Old exempt income provisions that no longer apply |
||
|
|
|
Corresponding provision of the Income Tax Assessment Act 1997 |
|
1 |
Subparagraph 23(a)(i) |
section 51-15 |
|
2 |
Paragraph 23(d) |
section 50-25 |
|
3 |
Paragraph 23(e) |
items 1.1, 1.2, 1.3 and 1.4 of the table in section 50-5 |
|
4 |
Paragraph 23(ea) |
items 6.1 and 6.2 of the table in section 50-30 |
|
5 |
Paragraph 23(eb) |
item 6.3 of the table in section 50-30 |
|
6 |
Paragraph 23(f) |
section 50-15 |
|
7 |
Paragraph 23(g) |
item 1.7 of the table in section 50-5; sections 50-10 and 50-20; and items 9.1 and 9.2 of the table in section 50-45 |
|
8 |
Paragraph 23(h) |
section 50-40 |
|
9 |
Paragraph 23(j) |
items 1.5 and 1.6 of the table in section 50-5 |
|
10 |
Paragraph 23(jc) |
item 2.2 of the table in section 51-10 |
|
11 |
Paragraph 23(je) |
item 7.1 of the table in section 50-35 |
|
12 |
Paragraph 23(jf) |
item 7.2 of the table in section 50-35 |
|
13 |
Paragraph 23(k) |
item 9.3 of the table in section 50-45 |
|
14 |
Paragraph 23(kba) |
item 5.3 of the table in section 51-30 |
|
15 |
Paragraph 23(ke) |
item 5.2 of the table in section 51-30 |
|
16 |
Paragraph 23(l) |
item 5.1 of the table in section 51-30 |
|
17 |
Paragraph 23(s) |
item 1.4 of the table in section 51-5 |
|
18 |
Paragraph 23(sa) |
item 1.3 of the table in section 51-5 |
|
19 |
Paragraph 23(t) |
items 1.1 and 1.2 of the table in section 51-5 |
|
20 |
Paragraph 23(za) |
item 2.1 of the table in section 51-10 |