Commonwealth Consolidated Acts Commonwealth Consolidated ActsEach Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.
Sched ule 1 -- Disallow deductions against rebatable benefits
Income Tax Assessment Act 1997
1 Section 12 - 5 (after table item headed "rates and land taxes")
Insert:
rebatable benefits |
|
no deduction for ........................... | 26 - 19 |
2 Before section 26 - 20
Insert: