Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (NO. 4) 1987

TABLE OF PROVISIONS

           Long Title

   1.      Short title  
   2.      Commencement  
   3.      Principal Act  
   4.      Interpretation  
   5.       
   6.      Officers to observe secrecy  
   7.      Exemptions  
   8.       
   9.      Assessable income to include value of benefits received from or in connection with former paragraph 23 (ja) funds or former section 23FB funds  
   10.     Assessable income to include value of certain benefits received from or in connection with former section 23F funds  
   11.      
   12.     Interpretation  
   13.     Assessable income to include certain annuities and superannuation pensions  
   14.     Notional income where assessable income includes consideration receivable on disposal, loss or destruction of depreciated property  
   15.     Gifts, pensions etc.  
   16.     Transfer of loss within company group  
   17.     Interpretation  
   18.     Interpretation  
   19.     Deductions for superannuation contributions by eligible persons  
   20.     Deduction in respect of new plant installed on or after 1 January 1976  
   21.     Limitation on deductions for rental property loan interest  
   22.     Interpretation  
   23.     Interpretation  
   24.     Interpretation  
   25.      
   26.      
   27.     Assessment of income of other superannuation funds  
   28.     Assessment of income of ineligible approved deposit funds  
   29.      
   30.      
   31.     Income of superannuation funds and approved deposit funds to be taxed exclusively under this Division  
   32.      
   33.     Rebates and provisional tax  
   34.     Interpretation  
   35.     Interpretation  
   36.     Deductions in respect of qualifying expenditure  
   37.     Capital gains and abnormal income to be disregarded  
   38.      
   39.     Interpretation  
   40.     Deductions allowable to issuer of qualifying security etc.  
   41.      
   42.     Transfer of excess credit within company group  
   43.     Other interpretative provisions  
   44.     Transfer of net capital loss within company group  
   45.     Transfer of asset between companies in the same group  
   46.     Liability to pay instalments of provisional tax  
   47.     Provisional tax on estimated income  
   48.     Application of amendments etc.  
   49.     Transitional-sections 27H and 159GP  
   50.     Transitional-Subdivision AB of Division 3 of Part III  

           51. Transitional-Division 16F of Part III  

   52.     Amendment of assessments  
   53.     Principal Act  
   54.     Interpretation  
   55.     Interpretation  
   56.     Rates of tax and notional rates  
   57.     Rates of tax and notional rates  
   58.     Rates of tax payable by trustees of superannuation funds  
   59.     Rates of tax payable by trustees of approved deposit funds  
   60.     Amendment of Schedules  
   61.     Application of amendments  
   62.     Amendment of assessments  
   63.     Principal Act  
   64.     Interpretation  
   65.     Application of Act in relation to periods before commencement etc.  
   66.     Satisfaction of superannuation fund conditions  
   67.     Satisfaction of approved deposit fund conditions  
   68.     Operating standards for superannuation funds  
   69.     Operating standards for approved deposit funds  
   70.     Information to be given to Commissioner  
   71.     Commissioner may require production of documents  
   72.     Notices as to satisfaction of the superannuation fund conditions  
   73.     Notices as to satisfaction of the approved deposit fund conditions  
   74.      
   75.     Secrecy  
   76.     Delegation  
   77.     Annual reports  
   78.     Principal Act  
   79.     Annual report  
   80.     Secrecy  
   81.     Interpretation  
   82.      
   83.     Interpretation  
   84.     Court may order payment of amount in addition to penalty  
   85.     Provision of Commonwealth taxation information to State taxation authorities  
   86.     Certification by State taxation officer of copies of, and extracts from, documents  
   87.     Appearance by Commissioner etc.  
   88.     Certification by Commissioner of copies of, and extracts from, documents  
   89.     Principal Act  
   90.     Provisional tax for 1987-88 year  
   91.     Application of amendments  
   92.     Repeal of Acts  
           SCHEDULE 1
           SCHEDULE 2