Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 410.1

  (1)   A copyright collecting society to which section   51 - 43 of the Income Tax Assessment Act 1997 applies, may elect that, from 1   July 2004, the section apply to all ordinary income, and statutory income, collected or derived by the society on or after 1   July 2004.

  (2)   A society makes a valid election if:

  (a)   the election is in writing; and

  (b)   the election is given to the Commissioner within 28 days after the day on which this section commences.

Table of Subdivisions

415 - B   Application of Subdivision   415 - B of the Income Tax Assessment Act 1997

Table of sections

415 - 10   Application of Subdivision   415 - B of the Income Tax Assessment Act 1997