Commonwealth Numbered Acts

Income Tax Assessment Amendment Act 1983 No. 14 of 1983 - SECT 46

46. Section 124ZAE of the Principal Act is amended-

   (a)  by omitting sub-section (1) and substituting the following
        sub-section:

''(1) A taxpayer may elect that this Division shall not apply in relation to
the taxpayer in relation to a film and, where such an election is made, this
Division does not apply in relation to the taxpayer in relation to that
film.''; and

   (b)  by omitting from paragraph (2) (b) ''section 124ZAF'' and substituting
        ''sections 124ZAF and 124ZAFA''.