Commonwealth Numbered Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 No. 40 of 1997 - SECT 28.100

(1) This section has effect for the purposes of section 28-115 (Income years
for which you need to keep a log book) of the Income Tax  Assessment Act 1997
.

(2) You are taken to have used the Òlog bookÓ method for a car for the 1993-94
income year or an earlier income year if section 82KUD of the
Income Tax Assessment Act 1936 applied for the purpose of determining the
amounts of deductions allowable under that Act in respect of car expenses you
incurred for the car in that income year.

(3) You are taken to have used the Òlog bookÓ method for a car for the
1994-95, 1995-96 or 1996-97 income year if you used that method of deducting
car expenses for that income year.

(4) You are taken to have kept a log book for a car for the 1994-95 income
year or an earlier income year if log book records and odometer records for
the car were maintained by you or on your behalf, in accordance with
Subdivision F of Division 3 of Part III of the Income  Tax Assessment Act 1936
, for the applicable log book period in that income year. Those log book
records and odometer records are taken to be the log book you kept for that
income year.

(5) You are taken to have kept a log book for a car for the 1994-95, 1995-96
or 1996-97 income year if you did so in accordance with Schedule 2A to the
Income Tax Assessment Act 1936. Note: The 1994-95 income year is covered by
both subsections (4) and (5). This is because you may have kept your log book
records and odometer records under Subdivision F of Division 3 of Part III of
the Income Tax Assessment Act 1936 before Schedule 2A to that Act was enacted.

[The next Division is Division 36.]