Tax Law Improvement Act (No. 1) 1998 (46 of 1998)

6   Averaging primary producers' tax liability (new Division 392)

4   Consequential amendment of the Income Tax Rates Act 1986

39   After paragraph 2(b) of Part I of Schedule 7

Insert:

; and (c) Division 392 (Long-term averaging of primary producers' tax liability) of the Income Tax Assessment Act 1997 does not apply to the taxpayer's assessment;