INCOME TAX ASSESSMENT ACT 1936 - SECT 159GX Effect of Division where certain payments not assessable
INCOME TAX ASSESSMENT ACT 1936 - SECT 159GX
Effect of Division where certain payments not assessable Where, but for this section, an amount would be included in, or
allowable as a deduction from, the assessable income of a taxpayer of a
year of income under section 159GQ in respect of the whole or a part of
a payment under a qualifying security, no amount shall be so included or
allowable unless the payment or a part of the payment, when actually made or
liable to be made, would, disregarding section 128D, be included in the
assessable income of the taxpayer of a year of income.