Income Tax Assessment Act 1997

CHAPTER 6 - THE DICTIONARY  

PART 6-1 - CONCEPTS AND TOPICS  

Division 960 - General  

Subdivision 960-M - Indexation  

Operative provisions

SECTION 960-270   Indexing amounts  

960-270(1)    
Some provisions of this Act require amounts to be indexed. You index an amount by multiplying it by its *indexation factor.

960-270(2)    
You do not index the amount if its *indexation factor is 1 or less.

960-270(3)    

This section does not apply in relation to amounts mentioned in the provisions listed at items 8 to 12, or at item 14, in section 960-265 .

Note:

For the indexation of those amounts, see sections 960-285 and 960-290 .