Income Tax Assessment Act 1997

Div 375 repealed by No 164 of 2007, s 3 and Sch 10 item 71, effective 1 July 2010.

Subdiv 375-H repealed by No 164 of 2007, s 3 and Sch 10 item 71, effective 1 July 2010.

Subdiv 375-H inserted by No 108 of 1998.

S 375-880 repealed by No 164 of 2007, s 3 and Sch 10 item 71, effective 1 July 2010. S 375-880 formerly read:

SECTION 375-880 FLIC cannot claim deductions for concessional capital  
375-880(1)
If a ^* FLIC has spent an amount of ^* FLIC concessional capital in respect of a *film, the FLIC cannot deduct the amount under this Act.

375-880(2)
FLIC concessional capital means money paid to the FLIC by a person for the issue, during the period the FLIC ' s concessional capital licence is in force, of ^* shares to that person.

S 375-880 inserted by No 108 of 1998.