Commonwealth Consolidated Acts Commonwealth Consolidated ActsPart 1 -- Amendments commencing day after Royal Assent
Income Tax Assessment Act 1997
1 Section 11 - 5 (table item headed "primary or secondary resources, and tourism")
Before:
horticultural society etc. ...................... | 50 - 40 |
insert:
Global Infrastructure Hub Ltd .................. | 50 - 40 |
2 Section 50 - 40 (at the end of the table)
Add:
8.4 | Global Infrastructure Hub Ltd | only amounts included in assessable income: (a) on or after 24 December 2014; and (b) before 1 July 2019 |
Part 2 -- Sunsetting on 1 July 2025
Income Tax Assessment Act 1997
3 Section 11 - 5 (table item headed "primary or secondary resources, and tourism")
Omit:
Global Infrastructure Hub Ltd .................. | 50 - 40 |
4 Section 50 - 40 (table item 8.4)
Repeal the item.