Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 960.270

  (1)   Some provisions of this Act require amounts to be indexed. You index an amount by multiplying it by its * indexation factor.

  (2)   You do not index the amount if its * indexation factor is 1 or less.

  (3)   This section does not apply in relation to amounts mentioned in the provisions listed at items   8 to 12, or at item   14, in section   960 - 265.

Note:   For the indexation of those amounts, see sections   960 - 285 and 960 - 290.