Div 16L repealed by No 4 of 2018, s 3 and Sch 6 item 8, effective 21 February 2018. No 4 of 2018, s 3 and Sch 6 item 27 contains the following application provision:
27 Application of amendments
The amendments made by this Schedule (other than the repeal of Part 5 of Chapter 3 and Part 2 of Chapter 4 of the
Development Allowance Authority Act 1992
) do not apply in relation to a certificate that is in force just before the commencement of this item.
For the purposes of applying, on or after that commencement, the Acts amended by this Schedule, as those Acts apply because of subitem (1), a reference in those Acts to the Development Allowance Authority is treated as being a reference to the Commissioner of Taxation.
Div 16L formerly read:
Tax-exempt infrastructure borrowings
The issue of certificates that give rise to the tax concessions in this Division has been terminated for new cases by the
Taxation Laws Amendment (Infrastructure Borrowings) Act 1997
Div 16L heading amended by No 104 of 1997.
Div 16L inserted by No 98 of 1992.