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INCOME TAX ASSESSMENT ACT 1997 - SECT 250.200 Objects of this Subdivision

INCOME TAX ASSESSMENT ACT 1997 - SECT 250.200

Objects of this Subdivision

    The objects of this Subdivision are:

  (a)   to properly recognise gains and losses from the * financial arrangement by allocating them to appropriate periods of time; and

  (b)   to minimise tax deferral.