S 315F repealed by No 15 of 2007, s 3 and Sch 1 item 8, applicable to the 2007-08 income year and later years. S 315F formerly read:
SECTION 315F THIS DIVISION TO BE PRIMARY CODE FOR TAX TREATMENT OF MATTERS RELATING TO FINANCIAL ASSISTANCE FUNDING LEVY
If any of the following events happen:
a taxpayer incurs financial assistance funding levy;
the remission of the whole or a part of an amount of financial assistance funding levy;
the refund or other application of an overpayment of financial assistance funding levy;
the event is to be ignored in determining:
whether an amount is included in the assessable income of a taxpayer under a provision of this Act other than this Division or Part
Income Tax Assessment Act 1997
whether an amount is allowable as a deduction to a taxpayer under a provision of this Act other than this Division; or
whether a CGT event has happened, or whether a capital gain or capital loss from a CGT event is to be disregarded.
S 315F amended by No 46 of 1998 and inserted by No 82 of 1993.