Income Tax Assessment Act 1997



Division 240 - Arrangements treated as a sale and loan  

Subdivision 240-A - Application and scope of Division  

Operative provisions

SECTION 240-10   240-10   Application of this Division  

An *arrangement is treated as a notional sale and notional loan if:

(a) the arrangement is listed in the table below; and

(b) the arrangement relates to the kind of property listed in the table; and

(c) any conditions listed in the table are satisfied.

Special provisions that apply to particular arrangements are also listed in the table.

This Division applies to:
*Arrangements of this kind: That relate to this kind of property: If these conditions are satisfied: Special provisions:
1 *Hire purchase agreement Any goods None See Subdivision 240-I


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