Tax Law Improvement Act 1997 (Cth)

Tax Law Improvement Act 1997

Act No. 121 of 1997 as amended

This compilation was prepared on 19 August 2003

[This Act was amended by Act No. 57 of 2002]

Amendments from Act No. 57 of 2002 [Schedule 12 (item 65) amended Heading to Item 69 of Schedule 6 Schedule 12 (item 83) repealed Item 15 of Schedule 4 Schedule 12 (item 65) commenced on 1 July 1997 Schedule 12 (item 83) commenced on 3 July 2002]

Prepared by the Office of Legislative Drafting, Attorney‑General's Department, Canberra

Contents 1 Short title 2 Commencement 3 Schedule(s) 4 Application of amendments

Schedule 1—Amendment of the Income Tax Assessment Act 1997

Schedule 2—Assessable income

Part 1—Amendment of the Income Tax (Transitional Provisions) Act 1997

Part 2—Consequential amendment of the Income Tax Assessment Act 1997

Part 3—Consequential amendment of the Income Tax Assessment Act 1936

Part 4—Consequential amendments of other Acts Financial Corporations (Transfer of Assets and Liabilities) Act 1993

Schedule 3—Exempt income

Part 1—Amendment of the Income Tax (Transitional Provisions) Act 1997

Part 2—Consequential amendment of the Income Tax Assessment Act 1997

Part 3—Consequential amendment of the Income Tax Assessment Act 1936

Part 4—Consequential amendments of other Acts Australian Industry Development Corporation Act 1970 Australian National Railways Commission Act 1983 Australian Postal Corporation Act 1989 Australian Trade Commission Act 1985 Development Allowance Authority Act 1992 Export Finance and Insurance Corporation Act 1991 Federal Airports Corporation Act 1986 Health Insurance Commission Act 1973 Legislative Instruments Act 1997 National Rail Corporation Agreement Act 1992 Social Security Act 1991 Superannuation Guarantee (Administration) Act 1992

Schedule 4—Deductions

Part 1—Amendment of the Income Tax (Transitional Provisions) Act 1997