Document ID: chunk:federal_register_of_legislation:F2017L00228:front:0
Version: federal_register_of_legislation:F2017L00228
Segment Type: other
Provision Reference: 
Character Range: 0–1692

Social Security (Attribution of Income — Ineligible Deductions) Determination 2017

I, FINN PRATT, Secretary of the Department of Social Services, make this Determination under sections 1208B and 1209C of the Social Security Act 1991.

Dated  8 March  2017

Finn Pratt
Secretary of the Department of Social Services

Contents

Page
Part 1 Preliminary
 1 Name of Determination 3
 2 Commencement 3
                          3  Revocation 3
 4 Definitions 3
Part 2 Ineligible deductions and ineligible parts of deductions
Division 2.1 Ineligible deductions
 5 Ineligible deductions — ITAA 1936 and ITAA 1997 4
Division 2.2 Ineligible parts of deductions
 6 Ineligible part of amount of salary or wages  4
 7 Ineligible part of amount of interest on borrowings  5
 8 Trading stock of business — election under s 70-45 of ITAA 1997 6
 9 Trading stock of primary production enterprise — election under s 70-45 of ITAA 1997              7
 10 Trading stock of business — election under s 70-50 of ITAA 1997 7
 11 Trading stock of primary production enterprise — election under s 70-50 of ITAA 1997              8
Schedule 1 Ineligible deductions for section 1208B of the Act 9
Part 1 Ineligible deductions: ITAA 1936 9
Part 2 Ineligible deductions: ITAA 1997 9
Schedule 2 Ineligible deductions for section 1209C of the Act 11
Part 1 Ineligible deductions: ITAA 1936 11
Part 2 Ineligible deductions: ITAA 1997 11

Part 1 Preliminary

1 Name of Determination
  This Determination is the Social Security (Attribution of Income — Ineligible Deductions) Determination 2017.
2 Commencement
  This Determination commences the day after it is registered on the Federal Register of Legislation.