Income Tax Assessment Act 1936

Div 9A inserted by No 191 of 1992. Former Div 9A (Friendly Society Dispensaries) repealed by No 154 of 1981.

S 121A repealed by No 110 of 2021, s 3 and Sch 2 item 1, effective 1 October 2021 and applicable in relation to assessments for the 2023-24 year of income and later years of income. S 121A formerly read:

SECTION 121A OBJECT  
121A
The object of this Division is to provide for concessional taxing, at the rate of 10%, of the offshore banking ( OB ) income of an offshore banking unit ( OBU ).

S 121A inserted by No 191 of 1992.