Document ID: chunk:federal_register_of_legislation:C2024C00267:section:3:p45
Version: federal_register_of_legislation:C2024C00267
Segment Type: section
Provision Reference: s 3 (pt 45/64)
Character Range: 510967–513949

for policyholders with insolvent general insurers

Table of Subdivisions
322‑B Tax treatment of entitlements under financial claims scheme

Subdivision 322‑B—Tax treatment of entitlements under financial claims scheme

Table of sections
322‑25 Application of section 322‑25 of the Income Tax Assessment Act 1997
322‑30 Application of section 322‑30 of the Income Tax Assessment Act 1997

322‑25  Application of section 322‑25 of the Income Tax Assessment Act 1997
  Section 322‑25 of the Income Tax Assessment Act 1997 applies to amounts paid or applied before, on or after the commencement of that section to meet entitlements arising under Part VC of the Insurance Act 1973 after 17 October 2008.
Note: Part VC of the Insurance Act 1973 commenced on 18 October 2008.

322‑30  Application of section 322‑30 of the Income Tax Assessment Act 1997
  Section 322‑30 of the Income Tax Assessment Act 1997 applies to CGT events happening after 17 October 2008.

Part 3‑45—Rules for particular industries and occupations

Division 328—Small business entities

Table of sections
328‑1 Definitions
328‑110 Working out whether you are a small business entity for the 2007‑08 or 2008‑09 income year—turnover for earlier income years
328‑111 Access to certain small business concessions for former STS taxpayers that are winding up a business
328‑112 Working out whether you are a small business entity for certain small business concessions—entities connected with you
328‑115 When you stop using the STS accounting method
328‑120 Continuing to use the STS accounting method
328‑125 Meaning of STS accounting method
328‑175 Choices made in relation to depreciating assets used in primary production business
328‑180 Increased access to accelerated depreciation from 12 May 2015 to 30 June 2024
328‑181 Full expensing—2020 budget time to 30 June 2022
328‑182 Backing business investment
328‑185 Depreciating assets allocated to STS pools
328‑195 Opening pool balances for 2007‑08 income year
328‑200 General small business pool for the 2012‑13 income year
328‑440 Taxpayers who left the STS on or after 1 July 2005
328‑445 Bonus deduction for upskilling employees of small business entities etc.
328‑450 Expenditure eligible for the bonus deduction for upskilling employees of small business entities etc.
328‑455 Technology investment boost deduction
328‑460 What expenditure qualifies for the technology investment boost
328‑465 Energy incentive
328‑470 What expenditure qualifies for the energy incentive

328‑1  Definitions
  In this Division:
general STS pool means a general STS pool under old Subdivision 328‑D.
long life STS pool means a long life STS pool under old Subdivision 328‑D.
new Subdivision 328‑D means Subdivision 328‑D of the Income Tax Assessment Act 1997, as in force after the commencement of this section.
old Subdivision 328‑D means Subdivision 328‑D of the Income Tax Assessment Act 1997, as in force immediately before the commencement of this section.
STS taxpayer