INCOME TAX LAWS AMENDMENT ACT 1979

Table of Provisions

• 1 Short title.  
• 2 Commencement  
• 3 Interpretation  
• 4 Amounts received on retirement or termination of employment in lieu of long service leave  
• 5 Divisible deductions  
• 6 Calculation of depreciation  
• 7  
• 8 Disposal, loss or destruction of depreciated property  
• 9 Disposal of depreciated property on change of ownership or interest  
• 10 Acquisition of depreciated property  
• 11 Definition of depreciated value  
• 12 Gifts, calls on afforestation shares, pensions, &c.  
• 13 Losses of previous years  
• 14 Arrangements to avoid the operation of section 13  
• 15 Retention allowance  
• 16 Change in interests in property  
• 17 Change in interests in property  
• 18 Change in interests in property  
• 19 Rebate of tax for certain primary producers  
• 20 Indexation  
• 21 Rebate in respect of payments received in lieu of annual leave or long service leave  
• 22 Powers of Board  
• 23 Amount of provisional tax  
• 24 Additional tax in certain cases  
• 25 General concessional rebates for financial year 1979-80  
• 26 Rebate in respect of payments received in lieu of annual leave or long service leave-financial year 1979-80  
• 27 Provisional tax for financial year 1979-80  
• 28 Interpretation  
• 29 Tax instalment deductions  
• 30 Tax instalment deductions by certain employers