Income Tax Assessment Act 1936

Part XI repealed by No 114 of 2010, s 3 and Sch 1 item 37, applicable in relation to the 2010-11 year of income for a taxpayer and later years of income. No 114 of 2010, Sch 1 item 95 contains the following saving provisions:

95 Saving of regulations relating to stock exchanges  
95
Despite the repeal of the definition of approved stock exchange in section 470 of the Income Tax Assessment Act 1936 by item 37 of this Schedule, regulations made for the purposes of that definition that were in force immediately before this item commences continue in force on and after that commencement as if those regulations had been made for the purposes of the definition of approved stock exchange in the Income Tax Assessment Act 1997 as inserted by item 81 of this Schedule. 96 Saving of elections relating to foreign hybrids  
96
Despite the repeal of subsection 485AA(1) of the Income Tax Assessment Act 1936 by item 37 of this Schedule, elections made under that subsection continue to have effect on and after the commencement of this Schedule as if that repeal had not happened.

Part XI inserted by No 190 of 1992.

Div 11A repealed by No 114 of 2010, s 3 and Sch 1 item 37, applicable in relation to the 2010-11 year of income for a taxpayer and later years of income. For saving provisions, see note under Part XI heading.

Div 11A heading substituted by No 45 of 2008, s 3 and Sch 7 item 5, effective 26 June 2008. The heading formerly read:

Division 11A - Exemption for virtual PST assets, segregated exempt assets and interests held by complying superannuation entities etc.

Div 11A inserted by No 73 of 2004.

S 519A repealed by No 114 of 2010, s 3 and Sch 1 item 37, applicable in relation to the 2010-11 year of income for a taxpayer and later years of income. For saving provisions, see note under Part XI heading. S 519A formerly read:

SECTION 519A OBJECTS OF DIVISION  
519A
The objects of this Division are:

(a) to exempt taxpayers from taxation under this Part in respect of foreign investment fund income that would otherwise be taken to accrue from complying superannuation/FHSA assets or segregated exempt assets; and

(b) to exempt taxpayers who are trustees of complying superannuation entities or certain fixed trusts from taxation under this Part in respect of foreign investment fund income.

S 519A amended by No 45 of 2008, s 3 and Sch 4 item 4, by substituting " complying superannuation/FHSA " for " virtual PST " in para (a), effective 26 June 2008.

S 519A inserted by No 73 of 2004.