Tax Laws Amendment (Research and Development) Act 2011 (Cth)

Tax Laws Amendment (Research and Development) Act 2011

No. 93, 2011 as amended

Compilation start date: 8 September 2011

Includes amendments up to: Act No. 110, 2014

About this compilation

This compilation

This is a compilation of the Tax Laws Amendment (Research and Development) Act 2011 as in force on 8 September 2011. It includes any commenced amendment affecting the legislation to that date.

This compilation was prepared on 23 October 2014.

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of each amended provision.

Uncommenced amendments

The effect of uncommenced amendments is not reflected in the text of the compiled law but the text of the amendments is included in the endnotes.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Modifications

If a provision of the compiled law is affected by a modification that is in force, details are included in the endnotes.

Provisions ceasing to have effect

If a provision of the compiled law has expired or otherwise ceased to have effect in accordance with a provision of the law, details are included in the endnotes.

Contents 1 Short title 2 Commencement 3 Schedule(s) Schedule 1—Main components of new R&D incentive Income Tax Assessment Act 1997 Schedule 2—Innovation Australia's role Part 1—Main amendment Industry Research and Development Act 1986 Part 2—Other amendments Industry Research and Development Act 1986 Schedule 3—Other amendments relating to new R&D incentive Part 1—Tax offset rules Income Tax Assessment Act 1997 Part 2—Prepayments of expenditure Income Tax Assessment Act 1936 Part 3—Capital allowances Income Tax Assessment Act 1997 Part 4—Capital works Income Tax Assessment Act 1997 Part 5—Forgiveness of commercial debts Division 1—Amending the new law Income Tax Assessment Act 1997 Division 2—Amending the old law Income Tax Assessment Act 1936 Part 6—Other amendments Income Tax Assessment Act 1936 Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997 Taxation Administration Act 1953 Schedule 3A—Quarterly credits Part 1—Introduction Part 2—Power to make regulations to modify operation of Acts Part 3—Modified Acts may provide for certain matters Part 4—Alternative constitutional basis Part 5—Other matters Schedule 4—Application, savings and transitional provisions Part 1—Application provisions Part 2—General savings provisions Part 3—Transitional provisions appearing as amendments of other Acts Income Tax Assessment Act 1997 Income Tax (Transitional Provisions) Act 1997 Part 4—Other savings and transitional provisions Endnotes Endnote 1—About the endnotes Endnote 2—Abbreviation key Endnote 3—Legislation history Endnote 4—Amendment history Endnote 5—Uncommenced amendments [none] Endnote 6—Modifications [none] Endnote 7—Misdescribed amendments [none] Endnote 8—Miscellaneous [none]