Commonwealth Consolidated Acts Commonwealth Consolidated Acts
Fringe Benefits Tax Assessment Act 1986
1 After paragraph 65J(1)(k)
Insert:
(ka) a non - profit society, or non - profit association, established for the purpose of promoting the development of Australian information and communications technology resources;
2 Paragraph 65J(1)(l)
After "viticultural,", insert "aquacultural, fishing,".
3 Application
(1) The amendment made by item 1 applies to benefits provided on or after 1 April 2000.
(2) The amendment made by item 2 applies to benefits provided on or after 1 April 1999.
Income Tax Assessment Act 1997
4 Section 50 - 40 (at the end of the table)
Add:
8.3 | a society or association established for the purpose of promoting the development of Australian information and communications technology resources | not carried on for the profit or gain of its individual members |
5 Application
The amendment made by item 4 applies to income derived on or after 1 July 2000.
Notes to the Taxation Laws Amendment Act (No. 5) 2001
Note 1
The Taxation Laws Amendment Act (No. 5) 2001 as shown in this compilation comprises Act No. 168, 2001 amended as indicated in the Tables below.
Table of Acts
Act | Number | Date | Date of commencement | Application, saving or transitional provisions |
Taxation Laws Amendment Act (No. 5) 2001 | 168 , 20 01 | 1 Oct 2001 | See s. 2 |
|
Tax Laws Amendment (2006 Measures No. 2) Act 2006 | 58, 2006 | 22 June 2006 | Schedule 7 (item 270): Royal Assent | -- |
Tax Laws Amendment (2006 Measures No. 6) Act 2007 | 4, 2007 | 19 Feb 2007 | Schedule 2 (item 22): Royal Assent | -- |
Tax Laws Amendment (2010 Measures No. 2) Act 2010 | 75, 2010 | 28 June 2010 | Schedule 6 (item 87): 29 June 2010 | -- |
Table of Amendments
ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted | |
Provision affected | How affected |
S. 4 .................... | rep. No. 75, 2010 |
Schedule 2 |
|
Item 3 .................. | am. No. 58 , 20 06; No. 4, 2007 |