Income Tax Assessment Act 1997

Pt 2-20 inserted by No 56 of 1997.

Div 61 inserted by No 56 of 1997.

Subdiv 61-K repealed by No 20 of 2015, s 3 and Sch 1 item 2, applicable to assessments for the 2014-15 income year and later income years.

Subdiv 61-K inserted by No 77 of 2005.

S 61-555 repealed by No 20 of 2015, s 3 and Sch 1 item 2, applicable to assessments for the 2014-15 income year and later income years. S 61-555 formerly read:

SECTION 61-555 Object of this Subdivision  
61-555
The object of this Subdivision is to provide a *tax offset (subject to certain income conditions) as an incentive to Australians born on or before 30 June 1957 to remain in work.

S 61-555 amended by No 184 of 2012, s 3 and Sch 2 item 2, by substituting " born on or before 30 June 1957 " for " aged 55 or over " , applicable to assessments for the 2012-13 income year and later income years.

S 61-555 inserted by No 77 of 2005.