Commonwealth Numbered Acts

INCOME TAX LAWS AMENDMENT ACT 1979 No. 149 of 1979 - SECT 13

13. Section 80 of the Principal Act is amended-

   (a)  by inserting after paragraph (h) of sub-section (5) the following
        paragraphs:

''(ha) sub-sections (4) and (5) of section 6 of the Income Tax Laws  Amendment
Act 1979 were omitted and the following sub-section were substituted:

'(4) The amendment made by paragraph (b) of sub-section (1) applies in
relation to a taxpayer in relation to property acquired or constructed by the
taxpayer at any time, whether before or after the commencement of this
section.';

''(hb) 'after 12 June 1979 otherwise than under a contract entered into on or
before that date' were omitted from sub-section (2) of section 8 and
sub-section (2) of section 10 of the Income Tax Laws Amendment Act 1979 and
'at any time, whether before or after the commencement of this section' were
substituted;

''(hc) 'after 12 June 1979 other than a change occurring in consequence of an
agreement entered into on or before that date' were omitted from sub-section
(2) of section 9 of the Income Tax Laws Amendment Act 1979 and 'at any time,
whether before or after the commencement of this section' were substituted;

''(hd) sub-sections (2) and (3) of section 11 of the Income Tax Laws 
Amendment Act 1979 were omitted and the following sub-section were
substituted;

'(2) The amendment made by sub-section (1) applies in relation to a taxpayer
in relation to property acquired or constructed by the taxpayer at any time,
whether before or after the commencement of this section.'.'';

   (b)  by omitting ''and'' from paragraph (k) of sub-section (5); and

   (c)  by adding at the end of sub-section (5) the following word and
        paragraph:

''; and (n) 'after 12 June 1979 other than a change occurring in consequence
of an agreement entered into on or before that date' were omitted from
sub-section (2) of section 16, sub-section (2) of section 17 and sub-section
(2) of section 18 of the Income Tax Laws Amendment Act 1979 and 'at any time,
whether before or after the commencement of this section' were substituted.''.