Commonwealth Numbered Acts Commonwealth Numbered ActsDevelopment Allowance Authority Act 1992
1 The whole of the Act
Repeal the Act.
Infrastructure Certificate Cancellation Tax Act 1994
2 The whole of the Act
Airports (Transitional) Act 1996
3 Section 56
Repeal the section.
Income Tax Assessment Act 1936
4 Subsection 6(1) (paragraph (g) of the definition of assessment )
Repeal the paragraph.
5 Subsection 82KZME(1) (note)
Omit "(6),".
6 Subsection 82KZME(6)
Repeal the subsection.
7 Paragraphs 126(1)(d) and 128B(3)(bb)
Repeal the paragraphs.
8 Division 16L of Part III
Repeal the Division.
Income Tax Assessment Act 1997
9 Section 10-5 (table item headed "infrastructure borrowings")
Repeal the item.
10 Section 10-5 (table item headed "interest")
Omit:
| infrastructure borrowings, on ............................................. | 159GZZZZG |
11 Section 11-15 (table item headed "financial transactions")
Omit:
|
infrastructure borrowings, income in relation to ............ | 159GZZZZE |
12 Section 12-5 (table item headed "financial arrangements")
Omit " infrastructure ,".
13 Section 12-5 (table item headed "infrastructure")
Repeal the item, substitute:
| infrastructure |
|
| see tax losses |
|
14 Section 12-5 (table item headed "interest")
Omit "see also infrastructure ".
15 Section 13-1 (table item headed "infrastructure")
Repeal the item.
16 Paragraph 104-71(3)(a)
Repeal the paragraph, substitute:
(a) an amount that is not included in the assessable income of an entity because of section 124ZM or 124ZN (which exempt income arising from * shares in a * PDF) of the Income Tax Assessment Act 1936 ; or
17 Section 112-97 (table item 12A)
Repeal the item.
18 Paragraphs 118-425(13)(d) and 118-427(14)(d)
After " Development Allowance Authority Act 1992 ", insert ", as in force just before the commencement of Schedule 6 to the Statute Update (Smaller Government) Act 2018 ".
19 Subsection 230-460(14)
Repeal the subsection.
20 Subsection 721-10(2) (note)
Repeal the note, substitute:
Note: The other amounts referred to in item 3 of the table are interest payable under section 102AAM of the Income Tax Assessment Act 1936 (distributions from certain non-resident trust estates).
Taxation Administration Act 1953
21 Subsection 3B(1B)
Repeal the subsection.
22 Section 8AB
Repeal the section.
23 Paragraph 8J(2)(ga)
Repeal the paragraph.
24 Subsections 8W(1B), 13K(11), 15(4) and 15A(11)
Repeal the subsections.
25 Subsection 250-10(1) in Schedule 1 (table item 105)
Repeal the item.
26 Subsection 355-65(5) in Schedule 1 (table item 3)
Repeal the item.
Part 3 -- Application of amendments
27 Application of amendments
(1) The amendments made by this Schedule (other than the repeal of Part 5 of Chapter 3 and Part 2 of Chapter 4 of the Development Allowance Authority Act 1992 ) do not apply in relation to a certificate that is in force just before the commencement of this item.
(2) For the purposes of applying, on or after that commencement, the Acts amended by this Schedule, as those Acts apply because of subitem (1), a reference in those Acts to the Development Allowance Authority is treated as being a reference to the Commissioner of Taxation.