Document ID: chunk:federal_register_of_legislation:C2025C00029:front:0:p9
Version: federal_register_of_legislation:C2025C00029
Segment Type: other
Provision Reference: 
Character Range: 22582–25266

bankruptcy
36‑45 Limit on deductions for amounts paid
Subdivision 36‑C—Excess franking offsets
Guide to Subdivision 36‑C
36‑50 What this Subdivision is about
Operative provision
36‑55 Converting excess franking offsets into tax loss

An Act about income tax and related matters

Chapter 1—Introduction and core provisions

Part 1‑1—Preliminary

Division 1—Preliminary

Table of sections
1‑1 Short title
1‑2 Commencement
1‑3 Differences in style not to affect meaning
1‑4 Application
1‑7 Administration of this Act

1‑1  Short title
  This Act may be cited as the Income Tax Assessment Act 1997.

1‑2  Commencement
  This Act commences on 1 July 1997.

1‑3  Differences in style not to affect meaning
 (1) This Act contains provisions of the Income Tax Assessment Act 1936 in a rewritten form.
 (2) If:
 (a) that Act expressed an idea in a particular form of words; and
 (b) this Act appears to have expressed the same idea in a different form of words in order to use a clearer or simpler style;
the ideas are not to be taken to be different just because different forms of words were used.
Note: A public or private ruling about a provision of the Income Tax Assessment Act 1936 is taken also to be a ruling about the corresponding provision of this Act, so far as the 2 provisions express the same ideas: see section 357‑85 in Schedule 1 to the Taxation Administration Act 1953.

1‑4  Application
  This Act extends to every external Territory referred to in the definition of Australia.

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.

Part 1‑2—A Guide to this Act

Division 2—How to use this Act

Table of Subdivisions
2‑A How to find your way around
2‑B How the Act is arranged
2‑C How to identify defined terms and find the definitions
2‑D The numbering system
2‑E Status of Guides and other non‑operative material

Subdivision 2‑A—How to find your way around

2‑1  The design
  This Act is designed to help you identify accurately and quickly the provisions that are relevant to your purpose in reading the income tax law.
  The Act contains tables, diagrams and signposts to help you navigate your way.
  You can start at Division 3 (What this Act is about) and follow the signposts as far into the Act as you need to go. You may also encounter signposts to several areas of the law that are relevant to you. Each one should be followed.
  Sometimes they will lead down through several levels of detail. At