Tax Law Improvement Act 1997 (121 of 1997)
Schedule 4 Deductions
Part 3 Consequential amendment of the Income Tax Assessment Act 1936
65 Before subsection 51(3)
Insert:
(3A) Subsection (3) does not apply to the 1997-98 year of income or a later year of income.
Note: Section 26-10 (Leave payments) of the Income Tax Assessment Act 1997 deals with the deductibility of leave payments.