Div 328 (heading) substituted by No 80 of 2007 , s 3 and Sch 3 item 1, applicable in relation to the 2007-08 income year and later income years. The heading formerly read:

Division 328 - STS taxpayers

Div 328 inserted by No 78 of 2001.

Subdiv 328-E heading amended by No 92 of 2020, s 3 and Sch 3 item 30, by substituting " small and medium business entities " for " small business entities " , effective 1 January 2021 and applicable in relation to income years starting on or after 1 July 2021.

Subdiv 328-E heading substituted by No 80 of 2007 , s 3 and Sch 3 item 71, applicable in relation to the 2007-08 income year and later income years. The heading formerly read:

Subdivision 328-E - Trading stock for STS taxpayers

Subdiv 328-E inserted by No 78 of 2001.

S 328-280 amended by No 92 of 2020, s 3 and Sch 3 items 31 and 32, by substituting " Small and medium business entities " for " Small business entities " and " those entities " for " small business entities " , effective 1 January 2021 and applicable in relation to income years starting on or after 1 July 2021.

S 328-280 amended by No 80 of 2007 , s 3 and Sch 3 items 72 and 73, by substituting " Small business entities can choose not to account " for " STS taxpayers do not need to account " and substituting " for small business entities " for " for STS taxpayers " , applicable in relation to the 2007-08 income year and later income years.

S 328-280 inserted by No 78 of 2001.