Income Tax Assessment Act 1997
SECTION 28-140 How to keep odometer records for a car for a period 28-140(1)
Odometer records for a period are kept in the form of a document in which the following are entered:
(a) the * car's odometer readings at the start and the end of the period;
(b) if there is a nomination under section 28-130 to replace the car with another * car with effect from a day in that period - the odometer readings, at the end of that day, of both cars affected by the nomination.
28-140(2)
Each entry under subsection (1) must be in English and must be made at or as soon as possible after the start or end of the period, or the end of the specified day, as appropriate.
28-140(3)
The following must also be entered in the document:
(a) the * car's make, model and registration number (if any);
(b) if the car has an internal combustion engine - its engine capacity expressed in cubic centimetres;
(c) if there is a nomination under section 28-130 to replace the car with another * car - the corresponding details for the other car affected by the nomination.
28-140(4)
Each entry under subsection (3) must be made in English and must be made before you lodge your * income tax return.
28-140(5)
The Commissioner may allow you to make an entry under this section after you lodge your * income tax return.
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