Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf you incurred a film loss for the purposes of former section 79F (Film losses of 1989 - 90 to 1996 - 97 years of income) of the Income Tax Assessment Act 1936 in any of the 1989 - 90 to 1996 - 97 income years, that film loss is the film component of your tax loss for that income year.