Income Tax Assessment Act 1997

Part 3-90 inserted by No 68 of 2002, s 3 and Sch 1 item 2, effective 24 October 2002 and applicable on and after 1 July 2002 (see sec 700-1 of the Income Tax (Transitional Provisions) Act 1997 ).

Div 701 inserted by No 68 of 2002, s 3 and Sch 1 item 2, effective 24 October 2002 and applicable on and after 1 July 2002 (see sec 700-1 of the Income Tax (Transitional Provisions) Act 1997 ).

S 701-5 amended by No 7 of 2019, s 3 and Sch 1 item 103, by substituting " business continuity test " for " same business test " in note 3, effective 1 April 2019 and applicable in relation to income years starting on or after 1 July 2015.

S 701-5 amended by No 93 of 2011, s 3 and Sch 3 item 101, by repealing note 2, effective 8 September 2011. For application, savings and transitional provisions see note under Div 355 heading. Note 2 formerly read:

Note 2:

Section 73BAC of the Income Tax Assessment Act 1936 overrides this rule for the purposes of the research and development incremental expenditure provisions.

S 701-5 amended by No 147 of 2005.

S 701-5 amended by No 117 of 2002, s 3 and Sch 11 items 8 and 9, by inserting note 2, effective 24 October 2002 and applicable on and after 1 July 2002 (see sec 700-1 of the Income Tax (Transitional Provisions) Act 1997 ).

S 701-5 inserted by No 68 of 2002, s 3 and Sch 1 item 2, effective 24 October 2002 and applicable on and after 1 July 2002 (see sec 700-1 of the Income Tax (Transitional Provisions) Act 1997 ).