Taxation Laws Amendment Act (No. 2) 1995 (169 of 1995)
Schedule 1 AMENDMENTS RELATING TO STATE/TERRITORY BODIES
Part 1 STATE/TERRITORY BODIES
Division 1 Income Tax Assessment Act 1936
Subdivision B Consequential amendments
5 Section 51AD
Add at the end:
"(21) For the purposes of determining if this section applies to
property, the income of a prescribed excluded STB (within the meaning
of Division 1AB) is taken to be exempt.".
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
