Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX ASSESSMENT ACT 1997 - SECT 385.125

Alternative election because of bovine tuberculosis has effect over 10 years not 5

                   If you can make an election under this Subdivision because:

                     (a)  * live stock are compulsorily destroyed under an * Australian law for the control of bovine tuberculosis; or

                     (b)  * live stock die of that * disease;

sections 385-110 to 385-120 apply as if they referred to 10 income years instead of 5 years.

Table of sections

385-130    Insurance for loss of live stock or trees



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback