Income Tax Assessment Act 1936
View history note
Hide history noteIf the amount of a deduction otherwise allowable to the transition taxpayer in respect of a contribution to a fund is required to be reduced under both sections 57-40 and 57-50 :
(a) if the reduction is of a different amount - the amount is reduced only under that section that requires the greater reduction; or
(b) if the reduction is of the same amount - the amount is reduced only under section 57-40 .
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