S 139A repealed by No 133 of 2009, s 3 and Sch 1 item 18, applicable in relation to the ESS interests mentioned in subsections
83A-5(1)
and
(2)
of the
Income Tax (Transitional Provisions) Act 1997
. S 139A formerly read:
SECTION 139A OVERVIEW OF DIVISION
139A
The following table summarises the contents of this Division:
|
OVERVIEW
|
|
Subdivision
|
Coverage
|
| A |
Key principle and overview |
| B |
The basic requirement that the discount be included in assessable income |
| C |
Key concepts:
employee share scheme, discount, cessation time, qualifying shares, qualifying rights
and
exemption conditions
|
| D |
Special provisions |
| DA |
Takeovers and restructures |
| DB |
Stapled securities |
| E |
Elections |
| F |
Special provisions about the market value of a share or right |
| G |
Definitions (including a list of all terms defined in the Division) |
S 139A (table) amended by
No 56 of 2007
, s 3 and Sch 3 item 1, by inserting the item dealing with Subdivision DB, effective 12 April 2007.
No 56 of 2007
, s 3 and Sch 3 item 39 contains the following application provision:
(1)
The amendment applies to acquisitions of stapled securities, and of rights to acquire stapled securities, on or after 1 July 2006.
(2)
In this item:
acquisition
has the same meaning as in Division
13A
of Part
III
of the
Income Tax Assessment Act 1936
.
S 139A amended by No 41 of 2005. No 41 of 2005, s 3 and Sch 3 item 22 contains the following application provision:
22 Application
(1)
The amendment is taken to have applied, to acquisitions of shares or rights on or after 1 July 2004.
(2)
In this item:
acquisition
, of a share or right, has the same meaning as in Division
13A
of Part
III
of the
Income Tax Assessment Act 1936
.
S 139A inserted by No 169 of 1995.
View history note
Hide history note