Document ID: chunk:federal_register_of_legislation:C2005C00282:front:0
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Taxation Laws Amendment (Research and Development) Act 2001

Act No. 170 of 2001 as amended

This compilation was prepared on 14 April 2005

[This Act was amended by Act No. 57 of 2002 and Act No. 41 of 2005]

Amendment from Act No. 57 of 2002
[Schedule 12 (item 63) amended subsection 2(3)
Schedule 12 (item 63) commenced on 1 October 2001]

Amendment from Act No. 41 of 2005
[Schedule 10 (item 268) amended Schedule 4 (item 2)
Schedule 10 (item 268) commenced on 1 October 2001]

Prepared by the Office of Legislative Drafting and Publishing,
Attorney‑General's Department, Canberra

Contents
1 Short title...................................
2 Commencement...............................
3 Schedule(s)..................................

Schedule 1—Streamlining amendments

Part 1—Objects provisions
Income Tax Assessment Act 1936
Industry Research and Development Act 1986

Part 1A—Report on access to tax offset
Industry Research and Development Act 1986

Part 3—Research and development plans
Income Tax Assessment Act 1936
Industry Research and Development Act 1986

Schedule 2—Plant etc.

Part 1—Retrospective change to qualifying plant expenditure
Income Tax Assessment Act 1936

Part 2—Retrospective exemption of pilot plant from CGT provisions
Income Tax (Transitional Provisions) Act 1997

Part 3—Effective life basis for deduction
Division 1—Amendments commencing at 12 pm on 29 January 2001
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997
Industry Research and Development Act 1986
Division 2—Amendments commencing immediately after the New Business Tax System (Capital Allowances) Act 2001
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997
Industry Research and Development Act 1986

Schedule 3—Refundable tax offset
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997
Taxation (Interest on Overpayments and Early Payments) Act 1983

Schedule 4—Incremental tax incentive
Income Tax Assessment Act 1936
An Act to amend the law relating to taxation incentives for research and development, and for related purposes

[Assented to 1 October 2001]

The Parliament of Australia enacts: