Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) To work out your film loss (if any) for the purposes of the Income Tax Assessment Act 1997 for the 1989 - 90 or a later income year, apply former section 375 - 810 of that Act.
(2) You can deduct in the 1997 - 98 or a later income year your film loss for any of the 1989 - 90 to 1996 - 97 income years only to the extent that it has not already been deducted.
392 - 1 Application of Division 392 of the Income Tax Assessment Act 1997
392 - 25 Transitional provision--election under section 158A of
the Income Tax Assessment Act 1936