Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-10 - FINANCIAL TRANSACTIONS  

Division 240 - Arrangements treated as a sale and loan  

Subdivision 240-A - Application and scope of Division  

Operative provisions

SECTION 240-10   240-10   Application of this Division  


An *arrangement is treated as a notional sale and notional loan if:


(a) the arrangement is listed in the table below; and


(b) the arrangement relates to the kind of property listed in the table; and


(c) any conditions listed in the table are satisfied.

Special provisions that apply to particular arrangements are also listed in the table.


Table
Table
This Division applies to:
*Arrangements of this kind: That relate to this kind of property: If these conditions are satisfied: Special provisions:
1 *Hire purchase agreement Any goods None See Subdivision 240-I


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.