S 73H repealed by No 93 of 2011, s 3 and Sch 3 item 44, effective 8 September 2011. For application, savings and transitional provisions see note under s
82KZLB
. S 73H formerly read:
SECTION 73H INTERPRETATION
73H(1)
For the purposes of interpretation, sections
73I
,
73J
,
73K
,
73L
and
73M
are to be read and construed as if they were part of sections
73B
,
73BA
and
73BH
.
History
S 73H(1) amended by
No 78 of 2007
, s 3 and Sch 3 item 1, by substituting
"
73L
"
for
"
72L
"
, effective 21 June 2007.
73H(2)
In sections
73I
,
73J
,
73K
,
73L
and
73M
:
affiliate
has the meaning given by section
73M
.
fixed trust estate:
a trust estate is a
fixed trust estate
if persons have fixed entitlements to all of the income and capital of the trust estate.
gambling supply
has the meaning given by section
195-1
of the GST Act.
global GST amount
has the meaning given by section
195-1
of the GST Act.
person
includes (as well as a company):
(a)
a body politic; and
(b)
a partnership; and
(c)
any other unincorporated association or body of persons; and
(d)
a trust estate; and
(e)
a superannuation fund.
R
&
D group turnover
has the meaning given by section
73K
.
taxable supply
includes a supply made in the course of carrying on research and development activities.
tax offset
has the meaning given by subsection
995-1(1)
of the
Income Tax Assessment Act 1997
.
value of the supplies:
the
value of the supplies
a taxpayer makes in a year of income is:
(a)
for taxable supplies (if any) the taxpayer made during the year in the course of carrying on a business or in the course of carrying on research and development activities
-
the value (as defined by section
9-75
of the GST Act) of the supplies; and
(b)
for other supplies the taxpayer made during the year in the course of carrying on a business or in the course of carrying on research and development activities
-
the prices (as defined by section
9-75
of the GST Act) of the supplies.
History
S 73H(2) amended by
No 78 of 2007
, s 3 and Sch 3 item 1, by substituting
"
73L
"
for
"
72L
"
, effective 21 June 2007.
S 73H inserted by No 170 of 2001.
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