Income Tax Assessment Act 1936

Part IX repealed by No 15 of 2007, s 3 and Sch 1 item 8, applicable to the 2007-2008 income year and later years.

Former Part IX inserted by No 97 of 1989 and amended by No 105 of 1989.

Div 7A repealed by No 15 of 2007, s 3 and Sch 1 item 8, applicable to the 2007-08 income year and later years.

Div 7A inserted by No 62 of 1997.

S 299E repealed by No 15 of 2007, s 3 and Sch 1 item 8, applicable to the 2007-08 income year and later years. S 299E formerly read:

SECTION 299E DEDUCTIONS FROM ASSESSABLE INCOME OF RSA PROVIDERS  
299E(1) [Premiums for death or disability cover]  

Any amounts paid, during a year of income, as premiums for an insurance policy that is wholly to provide death or disability benefits under RSAs provided by the RSA provider are allowable as deductions in calculating the taxable income for the year of income of the RSA provider.

299E(2) [Withdrawals or benefits paid]  

No deduction is allowable in respect of amounts withdrawn from, or benefits paid in relation to, RSAs.

299E(3) [RSA credits]  

No deduction is allowable for amounts credited to RSAs.

S 299E inserted by No 62 of 1997.