Income Tax Assessment Act 1997

Part 3-90 inserted by No 68 of 2002, s 3 and Sch 1 item 2, effective 24 October 2002 and applicable on and after 1 July 2002 (see sec 700-1 of the Income Tax (Transitional Provisions) Act 1997 ).

Div 719 inserted by No 68 of 2002, s 3 and Sch 1 item 2, effective 24 October 2002 and applicable on and after 1 July 2002 (see sec 700-1 of the Income Tax (Transitional Provisions) Act 1997 ).

Subdiv 719-F inserted by No 117 of 2002, s 3 and Sch 8 item 8, effective 24 October 2002 and applicable on and after 1 July 2002 (see sec 700-1 of the Income Tax (Transitional Provisions) Act 1997 ).

S 719-285 amended by No 7 of 2019, s 3 and Sch 1 items 155 and 156, by substituting " *business continuity test " for " *same business test " and " business continuity test " for " same business test " in note 1, effective 1 April 2019 and applicable in relation to income years starting on or after 1 July 2015.

S 719-285 amended by No 164 of 2007 , s 3 and Sch 6 item 66, by omitting " (Companies whose total income for an income year is more than $100 million cannot satisfy the same business test for the same business test period: see section 165-212A .) " after " before it became a member of the MEC group. " in note 1, applicable to:

(a) any tax loss that is incurred in an income year commencing on or after 1 July 2005; and

(b) any net capital loss that is made in an income year commencing on or after 1 July 2005; and

(c) any deduction in respect of a bad debt that is incurred in an income year commencing on or after 1 July 2005.

S 719-285 amended by No 147 of 2005.

S 719-285 inserted by No 16 of 2003, s 3 and Sch 13 item 1, effective 24 October 2002 and applicable on and after 1 July 2002 (see sec 700-1 of the Income Tax (Transitional Provisions) Act 1997 ).