Tax Law Improvement Act 1997 (121 of 1997)
Schedule 4 Deductions
Part 3 Consequential amendment of the Income Tax Assessment Act 1936
68 Before subsection 51(6)
Insert:
(6AA) Subsection (6) does not apply to the 1997-98 year of income or a later year of income.
Note: Section 26-20 (HECS and student assistance) of the Income Tax Assessment Act 1997 denies a deduction for certain amounts paid under the Higher Education Funding Act 1988 and the Student Assistance Act 1973.