INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

Pt IIIAA inserted by No 58 of 1987.

S 160AQWA(1) amended by No 66 of 2003, s 3 and Sch 3 item 43, by substituting para (b), applicable to amounts derived on or after 1 July 2000. Para (b) formerly read:

(b) paragraph 320-35(1)(b) and subparagraph 320-35(1)(f)(ii) of the Income Tax Assessment Act 1997 ;

S 160AQWA substituted by No 167 of 2001, s 3 and Sch 5 item 3, applicable to income derived on or after 1 July 2000. S 160AQWA formerly read:

ASSUMPTIONS WHEN WORKING OUT REBATE  
160AQWA
In determining a taxpayer's entitlement to a rebate under section 160AQX , assume that:

(a) sections 282B and 297B of this Act; and

(b) paragraph 320-35(1)(b) and subparagraph 320-35(1)(f)(ii) of the Income Tax Assessment Act 1997 ;

had not been enacted.

S 160AQWA substituted by No 89 of 2000, s 3 and Sch 3 item 80, applicable to income derived on or after 1 July 2000. S 160AQWA formerly read:

ASSUMPTIONS WHEN WORKING OUT REBATE  
160AQWA(1)
In determining a taxpayer's entitlement to a rebate under section 160AQX , 160AQYA , 160AQZ or 160AQZA , assume:

(a) that sections 110C, 112A, 116FB, 282B, 283 and 297B had not been enacted; and

(b) that the definition of eligible insurance policy in section 116E were amended by omitting `an RA policy, a superannuation policy, a sickness policy, a funeral policy or an eligible policy' and substituting `an RA policy or a superannuation policy'.

160AQWA(2)
In determining the entitlement to a rebate under section 160AQX of an exempt institution whose exempt status is disregarded in relation to the trust amount concerned under section 160ARDAB , assume that section 50-1 of the Income Tax Assessment Act 1997 had not been enacted.

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History

S 160AQWA(2) inserted by No 79 of 2000, s 3 and Sch 2 item 6H, applicable to offsets that relate to dividends paid on or after 1 July 2000.

S 160AQWA inserted by No 41 of 1998.