NEW BUSINESS TAX SYSTEM (CONSOLIDATION) ACT (NO. 1) 2002 - NOTES

NEW BUSINESS TAX SYSTEM (CONSOLIDATION) ACT (NO. 1) 2002 - NOTES

Act No. 68 of 2002 as amended

This compilation was prepared on 24 September 2010
taking into account amendments up to Act No. 75 of 2010

The text of any of those amendments not in force
on that date is appended in the Notes section

The operation of amendments that have been incorporated may be
affected by application provisions that are set out in the Notes section

Prepared by the Office of Legislative Drafting and Publishing,
Attorney-General's Department, Canberra

Contents

1 Short title [see Note 1]

2 Commencement [see Note 1]

3 Schedule(s)

Schedule 1--Main consolidation provisions

Income Tax Assessment Act 1997

Schedule 2--Transitional provisions relating to main consolidation provisions

Income Tax (Transitional Provisions) Act 1997

Schedule 3--Consequential amendments relating to main consolidation provisions

Part 1--General

Income Tax Assessment Act 1997

Part 2--Head company terminology

Income Tax Assessment Act 1997

Part 3--Limiting access to group concessions

Division 1--CGT roll-overs

Income Tax Assessment Act 1997

Division 2--Loss transfers

Income Tax Assessment Act 1997

Part 4--Anti-avoidance provision for franking credit trading

Income Tax Assessment Act 1936

Schedule 4--Amendments about Pay as you go (PAYG) instalments

Part 1--The amendments

Taxation Administration Act 1953

Part 2--Consequential amendments

Taxation Administration Act 1953

Schedule 5--Amendments of Dictionary

Income Tax Assessment Act 1997

Notes