Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 3) 1992No. 98, 1992 - SECT 36

36. The amendments made by this Division apply to an infrastructure borrowing,
where all of the following conditions are satisfied:

   (a)  the borrowing takes place on or after 1 July 1992;

   (b)  no contract for spending any of the borrowed money was entered into
        before 27 February 1992;

   (c)  no construction or acquisition on which the borrowed money is to be
        spent began before 1 July 1992.