Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1936 - SECT 177B

  (1)   Nothing in the following limit the operation of this Part:

  (a)   the provisions of this Act (other than this Part);

  (b)   the International Tax Agreements Act 1953 .

  (2)   This Part   does not affect the operation of Division   393 of the Income Tax Assessment Act 1997 (Farm management deposits).

  (3)   Where a provision of this Act other than this Part   is expressed to have effect where a deduction would be allowable to a taxpayer but for or apart from a provision or provisions of this Act, the reference to that provision or to those provisions, as the case may be, shall be read as including a reference to subsection   177F(1).

  (4)   Where a provision of this Act other than this Part   is expressed to have effect where a deduction would otherwise be allowable to a taxpayer, that provision shall be deemed to be expressed to have effect where a deduction would, but for subsection   177F(1), be otherwise allowable to the taxpayer.