Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1936 - SECT 568

Notional deductions--expenditure in acquiring trading stock

                   Without limiting the generality of section 567, expenditure incurred by the FIF during the relevant period in the acquisition of trading stock (not being securities within the meaning of the Corporations Act 2001 ) is, subject to section 574, a notional deduction from the notional income of the FIF of that period.



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