Document ID: chunk:federal_register_of_legislation:C2010C00622:clause:10_17:p1
Version: federal_register_of_legislation:C2010C00622
Segment Type: clause
Provision Reference: sch 10 cl 17 (pt 1/3)
Character Range: 84443–87081

17  Application

(1) The amendments made by items 1 to 4 apply in relation to the 1996‑97 year of income.

(2) The amendments made by items 5 to 10 apply:
 (a) to allowable deductions for the 1996‑97 year of income for amounts in respect of debts incurred in that year of income; or
 (b) to allowable deductions for the 1997‑98 year of income for amounts in respect of debts incurred in that year of income or in the 1996‑97 year of income.

(3) The amendments made by items 12 and 13 apply:
 (a) so far as the amendments affect Subdivision 165‑A (including as modified by Subdivision 166‑A) of the Income Tax Assessment Act 1997—where the loss year mentioned in that Subdivision is the 1996‑97 income year or any later income year and the income year mentioned in that Subdivision is the 1997‑98 income year or any later income year; and
 (b) so far as the amendments affect Subdivision 165‑B (including as modified by Subdivision 166‑B) of the Income Tax Assessment Act 1997—where the income year mentioned in that Subdivision is the 1997‑98 income year or any later income year; and
 (c) so far as the amendments affect Subdivision 165‑CA of the Income Tax Assessment Act 1997—where the earlier income year mentioned in that Subdivision is the 1996‑97 income year or any later income year and the current income year mentioned in that Subdivision is the 1998‑99 income year or any later income year; and
 (d) so far as the amendments affect Subdivision 165‑CB (including as modified by Subdivision 166‑B) of the Income Tax Assessment Act 1997—where the income year mentioned in that Subdivision is the 1998‑99 income year or any later income year; and
 (e) so far as the amendments affect Subdivision 165‑C (including as modified by Subdivision 166‑C) of the Income Tax Assessment Act 1997—where the debt mentioned in that Subdivision was incurred in the 1996‑97 income year or any later income year and the current year mentioned in that Subdivision is the 1998‑99 income year or any later income year.

(4) The amendments made by item 14 apply:
 (a) so far as the amendments affect Subdivision 175‑A of the Income Tax Assessment Act 1997—where the loss year mentioned in that Subdivision is the 1996‑97 income year or any later income year and the income year mentioned in that Subdivision is the 1997‑98 income year or any later income year; and
 (b) so far as the amendments affect Subdivision 175‑B of the Income Tax Assessment Act 1997—where the income year mentioned in that Subdivision is the 1997‑98 income year or any later income year; and
 (c) so far as the amendments affect Subdivision 175‑CA of the Income Tax Assessment