Income Tax Assessment Act 1936

Part IX repealed by No 15 of 2007, s 3 and Sch 1 item 8, applicable to the 2007-2008 income year and later years.

Former Part IX inserted by No 97 of 1989 and amended by No 105 of 1989.

Div 7A repealed by No 15 of 2007, s 3 and Sch 1 item 8, applicable to the 2007-08 income year and later years.

Div 7A inserted by No 62 of 1997.

S 299CA repealed by No 15 of 2007, s 3 and Sch 1 item 8, applicable to the 2007-08 income year and later years. S 299CA formerly read:

SECTION 299CA TAXABLE INCOME IN CERTAIN CASES  
299CA
If, apart from this section:

(a) the taxable income of an RSA provider is less than the RSA amount; or

(b) the RSA provider has no taxable income;

then:

(c) the RSA provider is taken to have both a taxable income and a tax loss in relation to the year of income; and

(d) the taxable income is taken to equal the RSA amount; and

(e) the tax loss is taken to be the amount that would have been the RSA provider's tax loss if the RSA amount were not income derived.

S 299CA inserted by No 62 of 1997.