Document ID: chunk:federal_register_of_legislation:C2024C00267:front:0:p19
Version: federal_register_of_legislation:C2024C00267
Segment Type: other
Provision Reference: 
Character Range: 52865–55943

a scheme is non‑assessable non‑exempt income if covered by a private ruling
880‑10 Certain amounts of sovereign entity in respect of a scheme are not deductible if covered by a private ruling
880‑15 Sovereign entity's capital gain from membership interest etc.—gain disregarded
880‑20 Sovereign entity's capital loss from membership interest etc.—loss disregarded
880‑25 Asset of sovereign entity—deemed sale and purchase
Chapter 5—Administration
Part 5‑35—Miscellaneous
Division 909—Regulations
909‑1 Regulations
Chapter 6—The Dictionary
Part 6‑1—Concepts and topics
Division 960—General
Subdivision 960‑B—Utilisation of tax attributes
960‑20 Utilisation—corporate loss carry back
Subdivision 960‑E—Entities
960‑100 Effect of this Subdivision
960‑105 Entities, and members of entities, benefiting from the application of this Subdivision
960‑110 No taxation consequences to result from changes to managed investment scheme
960‑115 Certain entities treated as agents
Subdivision 960‑M—Indexation
960‑262 Application of Subdivision 960‑M of the Income Tax Assessment Act 1997
960‑275 Indexation factor
Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
An Act setting out application and transitional provisions for the Income Tax Assessment Act 1997

Chapter 1—Introduction and core provisions

Part 1‑1—Preliminary

Division 1—Preliminary

Table of sections
1‑1 Short title
1‑5 Commencement
1‑7 Administration of this Act
1‑10 Definitions and rules for interpreting this Act

1‑1  Short title
  This Act may be cited as the Income Tax (Transitional Provisions) Act 1997.

1‑5  Commencement
  This Act commences on 1 July 1997.

1‑7  Administration of this Act
  The Commissioner has the general administration of this Act.
Note: An effect of this provision is that people who acquire information under this Act are subject to the confidentiality obligations and exceptions in Division 355 in Schedule 1 to the Taxation Administration Act 1953.

1‑10  Definitions and rules for interpreting this Act
 (1) In this Act, an expression has the same meaning as in the Income Tax Assessment Act 1997.
 (2) Division 950 of the Income Tax Assessment Act 1997 (which contains rules for interpreting that Act) applies to this Act as if the provisions of this Act were provisions of that Act.

Part 1‑3—Core Provisions

Division 4—How to work out the income tax payable on your taxable income

Table of sections
4‑1 Application of the Income Tax Assessment Act 1997
4‑11 Temporary budget repair levy

4‑1  Application of the Income Tax Assessment Act 1997
  The Income Tax Assessment Act 1997, as originally enacted, applies to assessments for the 1997‑98 income year and later income years.
Note: For the application of amendments of that Act (including new provisions inserted in it), see the Acts making the amendments.

4‑11  Temporary budget repair levy

Temporary budget repair levy
 (1) You must pay extra income tax (temporary budget repair levy) for a financial year if:
 (a) you are an individual; and
 (b)