Income Tax Assessment Act 1936 PART III - LIABILITY TO TAXATION Former Division 10B - Industrial property View history note Hide history note History Div 10B repealed by No 164 of 2007, s 3 and Sch 10 item 41, effective 1 July 2010. Div 10B inserted by No 101 of 1956. FORMER SECTION 124U 124U EFFECTIVE LIFE (Repealed by No 147 of 2005) View history note Hide history note History S 124U amended by No 108 of 1981, No 172 of 1978 and No 51 of 1973.