Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (NO. 3) 1994

TABLE OF PROVISIONS

           Long Title

   1.      Short title  
   2.      Commencement  
   3.      Principal Act  
   4.      Object  
   5.      Insertion of new Division  
   6.      Consequential amendments of the Principal Act  
   7.      Consequential amendments of other Acts  
   8.      Object  
   9.      Certain provisions to be disregarded in calculating attributable income  
   10.     Application  
   11.     Object  
   12.     Application of Division in respect of interests in non-resident trust estates to which Part XI applies  
   13.     Attributable income of a trust estate  
   14.     Object  
   15.     Attributable income of a trust estate  
   16.     Application  
   17.     Object  
   18.     Application of Division in respect of interests in non-resident trust estates to which Part XI applies  
   19.     Object  
   20.     Repeal of section  
   21.     Object  
   22.     "Dividend" includes distribution of corporate limited partnership  
   23.     Repeal of section and substitution of new section  
   24.      Application  
   25.     Object  
   26.     Losses of previous years  
   27.     Object  
   28.     Insertion of new section  
   29.      Application  
   30.     Object  
   31.     Step 2-Calculation of foreign investment fund income  
   32.     Step 2-Calculation of foreign investment fund income  
   33.     Application  
   34.     Object  
   35.     How to work out attribution percentage applicable to taxpayer in respect of interest or interests in foreign company  
   36.     Procedure to be followed  
   37.     Object  
   38.     Exemption  
   39.     Application  
   40.     Object  
   41.     Assessability in respect of certain dividends paid by a CFC  
   42.     Object  
   43.     Exemption  
   44.     Object  
   45.     Insertion of new heading  
   46.     Liability to withholding tax  
   47.     Certain income not included in assessable income  
   48.     Insertion of new Subdivision  
   49.     Application  
   50.     Transitional  
   51.     Object  
   52.     Income of certain persons serving with an armed force under the control of the United Nations  
   53.     Index of payments covered by Subdivision  
   54.     Insertion of new section  
   55.      Rebates for residents of isolated areas  
   56.     Rebates for members of Defence Force serving overseas  
   57.     Indexation of rebate amounts in sections 159J, 159K and 159L  
   58.     Rebates for dependants  
   59.     Uplifted provisional tax amount  
   60.     Provisional tax on estimated income  
   61.     Application  
   62.     Transitional  
   63.     Object  
   64.     Interpretation  
   65.     Application  
   66.     Object  
   67.     Repeal of section  
   68.      Interpretation  
   69.     Sales of securities purchased at a discount  
   70.     Money paid before 1 July 1991 on shares in management and investment companies  
   71.     Interpretation  
   72.     Part applies in respect of disposals of assets  
   73.     Disposal of shares or interest in trust  
   74.     Application  
   75.     Object  
   76.     Repeal of Subdivision  
   77.     Amendment of assessments  
   78.     Provisional tax on estimated income  
   79.     Application  
   80.     Object  
   81.     Deduction for gifts, pensions etc.  
   82.     Part applies in respect of disposals of assets  
   83.     Application  
   84.     Object  
   85.     Deductions for gifts, pensions etc.  
   86.     Application  
   87.     Object  
   88.     Rebate in respect of certain pensions, benefits etc.  
   89.     Index of payments covered by Subdivision  
   90.     Section 24ABA Interpretation-supplementary amounts  
   91.     Insertion of new section  
   92.      Application  
   93.     Object  
   94.     Determination of whether a benefit is in excess of recipient's RBLs  
   95.     Interim determinations  
   96.     Benefits which are counted towards a person's RBLs  
   97.     RBL amount-ETP paid by life assurance company or registered organisation  
   98.     Application  
   99.     Object  
   100.    Interim determinations  
   101.    Application  
   102.    Object  
   103.    Payers of benefits to give certain information to Commissioner  
   104.    Application  
   105.    Object  
   106.    Assessment of benefits against lump sum RBL  
   107.    Application  
   108.    Alleviation of notice requirements  
   109.    Object  
   110.    Insertion of new Subdivision  
   111.    Object  
   112.    Repeal of section  
   113.     Insertion of new Part  
   114.    Keeping of records  
   115.    Application  
   116.    Amendment of assessments  
   117.    Principal Act  
   118.    Rate of tax  
   119.    Application  
   120.    Object  
   121.    Principal Act  
   122.    Luxury motor vehicle for disabled person or exempt child care body  
   123.    Schedule 1  
   124.    Application  
   125.    Principal Act  
   126.    Schedule 1  
   127.    Application  
   128.    Object  
   129.    Principal Act  
   130.    General definitions  
   131.    Insertion of new section  
   132.    Insertion of new section  
   133.     Taxable dealing with goods imported after being exported for alteration  
   134.    Insertion of new section  
   135.     Schedule 1  
   136.    Application  
   137.    Object  
   138.    Principal Act  
   139.    Clawback of CR9 credit on later sale of defective goods  
   140.    Application  
   141.    Object  
   142.    Principal Act  
   143.    Periodic quoting  
   144.    Manner in which quote must be made  
   145.    Savings  
   146.    Object  
   147.    Principal Act  
   148.    Repeal of section and substitution of new section  
   149.     Application  
   150.    Principal Act  
   151.    Object  
   152.    Schedule 1  
   153.    Application  
   154.    Transitional  
   155.    Principal Act  
   156.    General definitions  
   157.    Eligible repair goods  
   158.    Schedule 1  
   159.    Principal Act  
   160.    Interpretation  
   161.    Application  
   162.    Principal Act  
   163.    Schedule 1  
   164.    Application  
   165.    Transitional  
   166.    Amendment  
   167.    Amendment or repeal of Income Tax Regulations  
           SCHEDULE 1