Income Tax Assessment Act 1936

FORMER PART XI - FOREIGN INVESTMENT FUNDS AND FOREIGN LIFE ASSURANCE POLICIES  

Former Division 1 - Preliminary  

Former Subdivision A - Application of Part  

FORMER SECTION 469  

469   TAXPAYERS TO BE TAXED ON SHARE OF INCOME OF CERTAIN FOREIGN INVESTMENT FUNDS AND FOREIGN LIFE ASSURANCE POLICIES  
(Repealed by No 114 of 2010)

Former Subdivision B - Meaning of certain expressions used in this Part  

FORMER SECTION 470  

470   DEFINITIONS  
(Repealed by No 114 of 2010)

FORMER SECTION 471  

471   AUSTRALIAN ENTITY  
(Repealed by No 114 of 2010)

FORMER SECTION 472  

472   AUSTRALIAN PARTNERSHIP  
(Repealed by No 114 of 2010)

FORMER SECTION 473  

473   AUSTRALIAN TRUST  
(Repealed by No 114 of 2010)

FORMER SECTION 474  

474   DISTRIBUTIONS BY A FIF OR A FLP  
(Repealed by No 114 of 2010)

FORMER SECTION 475  

475   ENTITLEMENT TO ACQUIRE  
(Repealed by No 114 of 2010)

FORMER SECTION 476  

476   QUOTED PRICE  
(Repealed by No 114 of 2010)

FORMER SECTION 477  

477   RESIDENT SUPERANNUATION ENTITY  
(Repealed by No 114 of 2010)

FORMER SECTION 478  

478   TAX DETRIMENT  
(Repealed by No 114 of 2010)

FORMER SECTION 479  

479   WHOLLY-OWNED SUBSIDIARY  
(Repealed by No 114 of 2010)

Former Subdivision C - Key concepts  

FORMER SECTION 480  

480   OUTLINE OF SUBDIVISION  
(Repealed by No 114 of 2010)

FORMER SECTION 481  

481   WHAT IS A FIF  
(Repealed by No 114 of 2010)

FORMER SECTION 482  

482   WHAT IS A FLP  
(Repealed by No 114 of 2010)

FORMER SECTION 483  

483   WHAT IS AN INTEREST IN A FIF OR A FLP  
(Repealed by No 114 of 2010)

FORMER SECTION 484  

484   BARE TRUSTEE ' S INTEREST TO BE ATTRIBUTED TO BENEFICIARY  
(Repealed by No 114 of 2010)

FORMER SECTION 485  

485   TAXPAYERS TO WHOSE INTERESTS IN FIFs AND FLPs THIS PART APPLIES 
(Repealed by No 114 of 2010)

FORMER SECTION 485AA  

485AA   ELECTION TO EXCLUDE INTERESTS IN FOREIGN HYBRIDS FROM OPERATION OF THIS PART  
(Repealed by No 114 of 2010)

FORMER SECTION 485A  

485A   APPLYING OPERATIVE PROVISION IN WORKING OUT NET INCOME OF PARTNERSHIP OR TRUST ESTATE  
(Repealed by No 114 of 2010)

FORMER SECTION 486  

486   NOTIONAL ACCOUNTING PERIOD OF A FIF  
(Repealed by No 114 of 2010)

FORMER SECTION 487  

487   NOTIONAL ACCOUNTING PERIOD OF A FLP  
(Repealed by No 114 of 2010)

Former Subdivision D - The disposal and acquisition of interests  

FORMER SECTION 488  

488   WHAT IS A DISPOSAL OR ACQUISITION OF AN INTEREST IN A FIF OR A FLP  
(Repealed by No 114 of 2010)

FORMER SECTION 489  

489   TIME OF DISPOSAL OR ACQUISITION OF INTEREST  
(Repealed by No 114 of 2010)

FORMER SECTION 490  

490   CONSIDERATION FOR DISPOSAL OR ACQUISITION  
(Repealed by No 114 of 2010)

Former Subdivision E - Associates  

FORMER SECTION 491  

491   ASSOCIATES OF AN ENTITY TO BE DETERMINED IN ACCORDANCE WITH SECTION 318 AS MODIFIED  
(Repealed by No 114 of 2010)

Former Division 2 - Exemption of attributable taxpayers for interests in certain FIFs  

FORMER SECTION 492  

492   OBJECT OF DIVISION  
(Repealed by No 114 of 2010)

FORMER SECTION 493  

493   EXEMPTION OF ATTRIBUTABLE TAXPAYER IN RELATION TO CERTAIN TRUSTS  
(Repealed by No 114 of 2010)

FORMER SECTION 494  

494   EXEMPTION OF ATTRIBUTABLE TAXPAYER REFERRED TO IN SECTION 456  
(Repealed by No 114 of 2010)

Former Division 3 - Exemption for interest in foreign company that is designated as engaging, or whose assets are principally for use, in certain activities  

FORMER SECTION 495  

495   OBJECT OF DIVISION  
(Repealed by No 114 of 2010)

FORMER SECTION 496  

496   INTERPRETATION  
(Repealed by No 114 of 2010)

FORMER SECTION 497  

497   EXEMPTION  
(Repealed by No 114 of 2010)

FORMER SECTION 498  

498   HOW TO DETERMINE WHETHER A FOREIGN COMPANY IS TAKEN TO HAVE BEEN PRINCIPALLY ENGAGED IN ELIGIBLE ACTIVITIES  
(Repealed by No 114 of 2010)

FORMER SECTION 499  

499   STOCK EXCHANGE LISTING METHOD  
(Repealed by No 114 of 2010)

FORMER SECTION 500  

500   BALANCE-SHEET METHOD  
(Repealed by No 114 of 2010)

FORMER SECTION 501  

501   INDIRECT OWNERSHIP OF PAID-UP SHARE CAPITAL OF COMPANY  
(Repealed by No 114 of 2010)

Former Division 4 - Exemption for interest in foreign bank or holding company of foreign bank  

FORMER SECTION 502  

502   OBJECT OF DIVISION  
(Repealed by No 114 of 2010)

FORMER SECTION 503  

503   EXEMPTION FOR INTEREST IN FOREIGN BANK  
(Repealed by No 114 of 2010)

FORMER SECTION 504  

504   EXEMPTION FOR INTEREST IN FOREIGN HOLDING COMPANY OF FOREIGN BANK  
(Repealed by No 114 of 2010)

Former Division 5 - Exemption for interest in foreign company whose assets are principally for use in carrying on life insurance business  

FORMER SECTION 505  

505   OBJECT OF DIVISION  
(Repealed by No 114 of 2010)

FORMER SECTION 506  

506   EXEMPTION FOR INTEREST IN FOREIGN LIFE INSURANCE COMPANY  
(Repealed by No 114 of 2010)

FORMER SECTION 507  

507   HOW TO DETERMINE WHETHER A FOREIGN COMPANY WAS PRINCIPALLY ENGAGED IN CARRYING ON LIFE INSURANCE BUSINESS  
(Repealed by No 114 of 2010)

FORMER SECTION 507A  

507A   EXEMPTION FOR INTEREST IN FOREIGN HOLDING COMPANY OF FOREIGN LIFE INSURANCE COMPANY  
(Repealed by No 114 of 2010)

Former Division 6 - Exemption for interest in foreign general insurance company  

FORMER SECTION 508  

508   OBJECT OF DIVISION  
(Repealed by No 114 of 2010)

FORMER SECTION 509  

509   EXEMPTION FOR INTEREST IN FOREIGN GENERAL INSURANCE COMPANY  
(Repealed by No 114 of 2010)

FORMER SECTION 509A  

509A   EXEMPTION FOR INTEREST IN FOREIGN HOLDING COMPANY OF FOREIGN GENERAL INSURANCE COMPANY  
(Repealed by No 114 of 2010)

Former Division 7 - Exemption for interest in foreign company engaged in certain activities connected with real property  

FORMER SECTION 510  

510   OBJECT OF DIVISION  
(Repealed by No 114 of 2010)

FORMER SECTION 511  

511   EXEMPTION  
(Repealed by No 114 of 2010)

FORMER SECTION 511A  

511A   EXEMPTION FOR INTEREST IN FOREIGN HOLDING COMPANY OF FOREIGN REAL PROPERTY COMPANY  
(Repealed by No 114 of 2010)

Former Division 8 - Exemption for interests in certain US entities  

FORMER SECTION 512  

512   OBJECT OF DIVISION  
(Repealed by No 114 of 2010)

FORMER SECTION 512A  

512A   DIVISION DOES NOT APPLY TO INTERESTS IN CFTs  
(Repealed by No 114 of 2010)