Tax Laws Amendment (2007 Budget Measures) Act 2007 (75 of 2007)

Schedule 1   Budget taxation measures

Part 1   Dependent spouse tax offset

Income Tax Assessment Act 1936

4   Subsection 159HA(7) (definition of indexable amount )

Repeal the definition, substitute:

indexable amount means:

(a) an amount specified in subsection 159J(1B) or (2) (other than the amounts specified in column 3 of the table in subsection 159J(2) in respect of a dependant included in class 3 or 4); or

(b) the amounts specified in subsection 159L(2); or

(c) the amount specified in:

(i) sub-subparagraph 23AB(7)(a)(ii)(D); or

(ii) paragraph (d) of the definition of relevant rebate amount in subsection 79A(4); or

(iii) paragraph (d) of the definition of concessional rebate amount in subsection 79B(6);

or, if any such amount has been altered under this section in relation to the 2008-09 year of income or a later year of income, the altered amount.