Commonwealth Consolidated Acts

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INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 703.35

Employee share schemes

    Despite the amendments of section   703 - 35 of the Income Tax Assessment Act 1997 made by Schedule   1 to the Tax Laws Amendment (2009 Budget Measures No.   2) Act 2009 , subsection   (4) of that section continues to apply, from the commencement of that Schedule, to each share and membership interest that it applied to just before that commencement.

Table of Subdivisions

705 - E   Expenditure relating to exploration, mining or quarrying

Table of sections

705 - 300   Application and object of this Subdivision

705 - 305   Rules affecting depreciating assets

705 - 310   Adjustable value of head company's notional assets



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