Document ID: chunk:federal_register_of_legislation:C2004C01257:front:0:p2
Version: federal_register_of_legislation:C2004C01257
Segment Type: other
Provision Reference: 
Character Range: 3237–5891

this Subdivision is about
Operative provisions
240‑105.................Adjustments for notional seller
240‑110.................Adjustments for notional buyer
Subdivision H—Application of Division 16E to certain arrangements
240‑112.........Division 16E applies to certain arrangements
Subdivision 240‑I—Provisions applying to hire purchase agreements
Operative provisions
240‑115Another person, or no person taken to own property in certain cases
Division 243—Limited recourse debt
Guide to Division 243
243‑10....................What this Division is about
Subdivision 243‑A—Circumstances in which Division operates
Operative provisions
243‑15..................When does this Division apply?
243‑20...................What is limited recourse debt?
243‑25.............When is a debt arrangement terminated?
243‑30.....What is the financed property and the debt property?
Subdivision 243‑B—Working out the excessive deductions
Operative provisions
243‑35..............Working out the excessive deductions
Subdivision 243‑C—Amounts included in assessable income and deductions
Operative provisions
243‑40........Amount included in debtor's assessable income
243‑45.........Deduction for later payments in respect of debt
243‑50..........Deduction for payments for replacement debt
243‑55...Effect of Division on later capital allowance deductions
243‑57Effect of Division on later capital allowance balancing adjustments
243‑58..Adjustment where debt only partially used for expenditure
Subdivision 243‑D—Special provisions
Operative provisions
243‑60.............Application of Division to partnerships
243‑65...........Application where partner reduces liability
243‑70Application of Division to companies ceasing to be 100% subsidiary
243‑75Application of Division where debt forgiveness rules also apply

Part 2—Consequential amendments: arrangements treated as a sale and loan
Income Tax Assessment Act 1936
674 Meaning of hire purchase agreement
Income Tax Assessment Act 1997

Part 3—Consequential amendments: limited recourse debt
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997

Part 4—Property transferred by way of security
Income Tax Assessment Act 1997
Subdivision 41‑C—Common rule 3 (Provisions relating to the ownership of the property)
41‑90....Owner of property that is transferred by way of security
Income Tax Assessment Act 1936
82AIA Transfer by way of security........................
124ZAEA........................Transfer by way of security

Part 5—Application of amendments

Notes
An Act to amend the law relating to taxation and for related purposes

[Assented to 30 June 2001]

The Parliament of Australia enacts: