INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART III - LIABILITY TO TAXATION  

Division 3 - Deductions  

Subdivision GA - Calculating car expense deductions, and substantiating certain expenses, of the 1994-95, 1995-96 and 1996-97 income years  

SECTION 82KZBE   APPLICATION OF SCHEDULES 2A AND 2B  

82KZBE(1)   [Application]  

Schedules 2A and 2B apply to the 1994-95, 1995-96 and 1996-97 income years. (For the law applying to earlier income years, see Subdivision F.)

Note:

For the law applying to the 1997-98 year of income and later years of income, see Divisions 28 and 900 of the Income Tax Assessment Act 1997 .

82KZBE(2)   [Retrospective application]  

This application is partly retrospective, because Schedules 2A and 2B were enacted during the 1994-95 income year. This section and section 82KZBF ensure that, for that year, you are not disadvantaged by changes in the law.

82KZBE(3)   [Where old law deductions allowed]  

If the new law prevents you from deducting an amount for an expense for the 1994-95 income year, but you would have been able to deduct an amount for the expense if the old law had applied to that year, you can deduct the amount that you could have deducted under the old law.

82KZBE(4)   [Greater deductions under old law allowed]  

If under the new law you can deduct an amount for an expense for the 1994-95 income year, but you could have deducted a greater amount for the expense if the old law had applied to that year, you can deduct the greater amount.

82KZBE(5)   [Definitions]  

In this section:

new law
means Schedules 2A and 2B.

old law
means Subdivision F.