Document ID: chunk:federal_register_of_legislation:C2004C00927:clause:4_103
Version: federal_register_of_legislation:C2004C00927
Segment Type: clause
Provision Reference: sch 4 cl 103
Character Range: 538928–539469

103  Before subsection 65(1)
Insert:

 (1AA) This section (other than subsections (1B) and (1C)) does not apply to the 1997-98 year of income or a later year of income.

Note 1: Section 26-35 (Reduction of deduction for amounts paid to related entities) of the Income Tax Assessment Act 1997 deals with the deductibility of payments made to relatives or other related entities.

Note 2: Section 26-40 (Maintaining your family) of the Income Tax Assessment Act 1997 deals with the deductibility of expenditure incurred on certain relatives.