INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART III - LIABILITY TO TAXATION  

Division 16H - Termination of gold mining exemptions  

Subdivision C - Division 10AAA  

SECTION 159GZZZB  

159GZZZB   REMOVAL OF PARAGRAPH 23(o) EXEMPTION NOT TO CREATE ACTUAL PRE-1991 DIVISION 10AAA DEDUCTIONS  
It shall be assumed for the purposes of Division 10AAA , in its application apart from this Subdivision in relation to expenditure incurred before 1 January 1991, that paragraph 23(o) applies to income derived on or after that day.