Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (NO. 4) 1988

TABLE OF PROVISIONS

           Long Title

   1.      Short title  
   2.      Commencement  
   3.      Principal Act  
   4.      Reduction of taxable value-remote area housing  
   5.       
   6.       
   7.      Interpretation  
   8.      Remote area housing  
   9.      Application of amendments  
   10.     Amendment of assessments  
   11.     Principal Act  
   12.     Where consideration not in cash  
   13.      
   14.     Exemption of certain pensions  
   15.     Exemption of certain benefits in the nature of income  
   16.     Assessable income from property purchased and sold within 12 months (on or before 25 May 1988)  
   17.     Cost price of natural increase  
   18.     Rebate on dividends  
   19.     Rebate on dividends paid as part of dividend stripping operation  
   20.      
   21.     Calculation of taxable income  
   22.     Divisible amounts of assessable income  
   23.     Full-year deductions and partnership deductions  
   24.     Divisible deductions  
   25.      
   26.     Calculation of depreciation  
   27.     Repeal of section 56A  
   28.     Repeal of section 57  
   29.     Special depreciation allowance to primary producers  
   30.     Depreciation on property used for primary production in the Northern Territory  
   31.     Special depreciation on manufacturing plant and plant used in primary production  
   32.     Special depreciation on new plant first used or installed on or after 1 July 1975 and before 1 July 1976  
   33.     Repeal of section 57AE  
   34.     Special depreciation on plant  
   35.     Repeal of section 57AH  
   36.     Special depreciation on storage facilities for petroleum fuel  
   37.     Special depreciation on property used for basic iron or steel production  
   38.     Repeal of section 57AL  
   39.     Special depreciation on trading ships  
   40.     Depreciation on pipe-lines for transporting petroleum  
   41.     Cost of mains electricity connections  
   42.     Gifts, pensions etc.  
   43.     Deduction in respect of new plant installed on or after 1 January 1976  
   44.     Interpretation  
   45.      
   46.      
   47.     Interpretation  
   48.     Allowable capital expenditure  
   49.     Allowable capital expenditure  
   50.     Qualifying expenditure  
   51.      
   52.     Rebate in respect of certain pensions  
   53.     Amendments relating to car records  
   54.     Application of amendments  
   55.     Special transitional provisions-non-cash business benefits provided on or before 31 August 1988  
   56.     Transitional-section 70A  
   57.     Provisional tax for 1988-89 year  
   58.     Amendment of assessments  
   59.     Principal Act  
   60.     Repeal of section 14ZKA  
           SCHEDULE