Income Tax Assessment Act 1997

Div 396 repealed by No 41 of 2011, s 3 and Sch 5 item 158, effective 27 June 2011.

Subdiv 396-A repealed by No 41 of 2011, s 3 and Sch 5 item 158, effective 27 June 2011.

S 396-10 repealed by No 41 of 2011, s 3 and Sch 5 item 158, effective 27 June 2011. S 396-10 formerly read:

SECTION 396-10 What this Subdivision is about  

This Subdivision provides for:

(a) the tax offset for the lender; and

(b) deductions not to be allowed to the borrower.

It also provides for a cap to be set on the amount of tax offsets approved for each income year.

S 396-10 inserted by No 16 of 1998.