Income Tax Assessment Act 1936

Div 13A repealed by No 133 of 2009, s 3 and Sch 1 item 18, applicable in relation to the ESS interests mentioned in subsections 83A-5(1) and (2) of the Income Tax (Transitional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 .

Div 13A inserted by No 169 of 1995.

Former Div 13A repealed by No 224 of 1992 and inserted by No 126 of 1977.

Subdiv B repealed by No 133 of 2009, s 3 and Sch 1 item 18, applicable in relation to the ESS interests mentioned in subsections 83A-5(1) and (2) of the Income Tax (Transitional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S 139BA repealed by No 133 of 2009, s 3 and Sch 1 item 18, applicable in relation to the ESS interests mentioned in subsections 83A-5(1) and (2) of the Income Tax (Transitional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 139BA formerly read:

SECTION 139BA REDUCTION OF AMOUNTS INCLUDED - ELECTIONS  
139BA(1)
This section applies if a taxpayer has made an election under section 139E for a year of income and the exemption conditions (see section 139CE ) are satisfied in relation to shares or rights covered by the election. It applies to the total amount otherwise included in a taxpayer's assessable income for the year of income under section 139B in respect of those shares or rights.

139BA(2)
The total amount is only included in the assessable income to the extent that it is greater than $1,000.

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History

S 139BA(2) amended by No 122 of 1997.

S 139BA inserted by No 169 of 1995.