Income Tax Assessment Act 1936

Subdiv AAB repealed by No 15 of 2007, s 3 and Sch 1 item 7, applicable to the 2007-08 income year and later years.

Former Subdiv AAB inserted by No 105 of 1989.

S 159SU repealed by No 15 of 2007, s 3 and Sch 1 item 7, applicable to the 2007-08 income year and later years. S 159SU formerly read:

SECTION 159SU ENTITLEMENT TO REBATE - REBATABLE ETP ANNUITY  
159SU
For each rebatable 27H amount included in the assessable income of a taxpayer of a year of income in respect of a rebatable ETP annuity, the taxpayer is entitled to a rebate of tax in the taxpayer ' s assessment for the year of income of an amount worked out using the formula:

Rebatable 27H amount

×

Rebatable proportion of annuity

×   15%

S 159SU amended by No 208 of 1992 and inserted by No 105 of 1989.