Commonwealth Numbered Acts

TAX LAWS AMENDMENT (2007 MEASURES NO. 2) ACT 2007 (NO. 78, 2007) - SCHEDULE 6

Income Tax Assessment Act 1997

1  Subsection 30‑15(2) (paragraphs (a) and (b) of table item 7, column headed "Type of gift or contribution")

Omit "$250", substitute "$150".

2  Subsection 30‑15(2) (paragraph (a) of table item 7, column headed "Special conditions")

Omit "10%", substitute "20%".

3  Subsection 30‑15(2) (paragraph (a) of table item 7, column headed "Special conditions")

Omit "$100", substitute "$150".

4  Subsection 30‑15(2) (paragraph (b) of table item 7, column headed "Special conditions")

Omit "10%", substitute "20%".

5  Subsection 30‑15(2) (paragraph (b) of table item 7, column headed "Special conditions")

Omit "$100", substitute "$150".

6  Subsection 30‑15(2) (paragraph (c) of table item 7, column headed "Special conditions")

Omit "$100", substitute "$150".

7  Subsection 30‑15(2) (paragraph (a) of table item 8, column headed "Type of gift or contribution")

Omit "$250", substitute "$150".

8  Subsection 30‑15(2) (paragraph (a) of table item 8, column headed "Special conditions")

Omit "10%", substitute "20%".

9  Subsection 30‑15(2) (paragraph (a) of table item 8, column headed "Special conditions")

Omit "$100", substitute "$150".

10  Application

The amendments made by this Schedule apply, and are taken to have applied, in relation to contributions made on or after 1 January 2007.