Income Tax (Consequential Amendments) Act 1997 (39 of 1997)

Schedule 1   Consequential amendments of the Income Tax Assessment Act 1936

78   Before subsection 82(1)

Insert:

(1A) Subsection (1) does not apply to the 1997-98 year of income or a later year of income.

Note 1: Section 8-10 of the Income Tax Assessment Act 1997 prevents you from getting double deductions for any of the years of income after 1996-97.

Note 2: Section 8-10 of the Income Tax (Transitional Provisions) Act 1997 prevents you from getting double deductions for a year of income before 1997-98 and a year of income after 1996-97.