INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997

CHAPTER 6 - THE DICTIONARY  

PART 6-1 - CONCEPTS AND TOPICS  

Division 960 - General  

Subdivision 960-M - Indexation  

SECTION 960-262   Application of Subdivision 960-M of the Income Tax Assessment Act 1997  

960-262(1)  
Subdivision 960-M of the Income Tax Assessment Act 1997 (about indexation) applies to assessments for the 1998-99 income year and later income years (except so far as it affects the car depreciation limit).

960-262(2)  
For the car depreciation limit (see section 42-80 of the Income Tax Assessment Act 1997 ), that Subdivision applies to the 1998-99 financial year and later financial years.




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