Taxation Laws Amendment Act (No. 4) 1994 (181 of 1994)

Schedule 1   AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936

Part 2   CHILDREN'S INCOME

14   Object

The object of this Part is:

(a) to replace provisions in Division 6AA of Part III of the Income Tax Assessment Act 1936 relating to transfers of property on family breakdown; and

(b) to clarify certain anti-avoidance provisions in that Division.