INCOME TAX LAWS AMENDMENT ACT 1980

Table of Provisions

• 1 Short title.  
• 2 Commencement  
• 3 Determination of value of employees' housing  
• 4 Gifts, calls on afforestation shares, pensions, &c.  
• 5 Losses of previous years  
• 6 Arrangements to avoid the operation of certain loss provisions  
• 7 Interpretation  
• 8 Partner not having control and disposal of share in partnership income  
• 9 Special provisions relating to present entitlement  
• 10 Beneficiary not under any legal disability  
• 11 Beneficiaries who have made income equalization deposits  
• 12 Beneficiary under legal disability or having indefeasible vested interest  
• 13 Certain trust income to be taxed at special rate  
• 14 Beneficiary assessable in respect of certain trust income  
• 15 Present entitlement arising from reimbursement agreement  
• 16 Interpretation  
• 17 Rebate of tax for certain primary producers  
• 18 Amendment of assessments  
• 19 Provisional tax on estimated income  
• 20 Effect of sections 13 and 14 of the Income Tax Laws Amendment Act 1979