INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART III - LIABILITY TO TAXATION  

Division 6AAA - Special provisions relating to non-resident trust estates etc.  

Subdivision A - Preliminary  

SECTION 102AAB  

102AAB   INTERPRETATION  

basic statutory interest rate
, in relation to a year of income, means such annual rate or rates of interest as are provided for by section 214A , for the year of income or for periods included in the year of income, as the case may be.

depreciation provision
means:

(a) any of sections 54 to 62 of Division 3 of Part III of this Act, any provision of Divisions 10 , 10AAA , 10AA , 10A , 10C and 10D of that Part; or

(b) any provision of:

(i) Division 40 of the Income Tax Assessment Act 1997 (other than Subdivision 40-E ); or

(ii) the former Division 42 of that Act (other than Subdivisions 42-L and 42-M); or

(iii) the former Subdivision 330-A, 330-C, 330-H or 387-G of that Act; or

(c) any provision of Division 43 of the Income Tax Assessment Act 1997 .

pre-franking rebate tax
, in relation to a taxpayer, in relation to a year of income, means the tax that would be payable by the taxpayer in respect of income of the year of income if the taxpayer were not entitled to a rebate under Part IIIAA .