Commonwealth Numbered Acts

AUSSAT REPEAL ACT 1991 No. 145 of 1991 - SECT 8

8. (1) Neither a loss that AUSSAT incurred in a year of income ending at or
before the transition, nor a part of such a loss, is allowable as a deduction
from AUSSAT's assessable income of a year of income ending at or after the
transition.

(2) This section has effect despite anything in the Income Tax Assessment  Act
1936 , in particular, sections 79E, 79F, 80, 80AAA and 80AA of that Act.

(3) An expression has in this section the same meaning as in the Income Tax 
Assessment Act 1936 .