Income Tax (Consequential Amendments) Act 1997 (39 of 1997)
Schedule 1 Consequential amendments of the Income Tax Assessment Act 1936
76 Before subsection 80F(1)
Insert:
(1A) This section does not apply to the 1997-98 year of income or a later year of income.
Note: To work out the deductibility of a tax loss that results from a debt being written off as bad in the 1997-98 year of income or a later year of income: see section 63CA.
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