Document ID: chunk:federal_register_of_legislation:C2025C00029:section:30:p3
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 30 (pt 3/19)
Character Range: 1504214–1506991

not been enacted; and
 (b) the reference in subsection (1) to an *R&D entity were, by express provision, confined to an R&D entity that:
 (i) is a *constitutional corporation; or
 (ii) has its registered office (within the meaning of the Corporations Act 2001) or principal place of business (within the meaning of that Act) located in a Territory.
 (3) Without limiting its effect apart from this subsection, subsection (1) also has the effect it would have if:
 (a) subsection (2) had not been enacted; and
 (b) this Act applied so that *tax offsets under section 355‑100 could only be worked out in respect of *R&D activities conducted or to be conducted:
 (i) solely in a Territory; or
 (ii) solely outside of Australia; or
 (iii) solely in a Territory and outside of Australia; or
 (iv) for the dominant purpose of supporting *core R&D activities conducted, or to be conducted, solely in a Territory.

Income Tax Assessment Act 1997

No. 38, 1997

Compilation No. 256

Compilation date: 1 January 2025

                Includes amendments: Act No. 136, 2024 and Act No. 138, 2024

This compilation is in 12 volumes

Volume 1: sections 1‑1 to 36‑55
Volume 2: sections 40‑1 to 67‑30
Volume 3: sections 70‑1 to 121‑35
Volume 4: sections 122‑1 to 197‑85
Volume 5: sections 200‑1 to 253‑15
Volume 6: sections 275‑1 to 313‑85
Volume 7: sections 315‑1 to 420‑70
Volume 8: sections 615‑1 to 721‑40
Volume 9: sections 723‑1 to 880‑205
Volume 10: sections 900‑1 to 995‑1
Volume 11: Endnotes 1 to 3
Volume 12: Endnotes 4 and 5

Each volume has its own contents

About this compilation

This compilation

This is a compilation of the Income Tax Assessment Act 1997 that shows the text of the law as amended and in force on 1 January 2025 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is