TAXATION LAWS AMENDMENT ACT 1987

Table of Provisions

• Long Title

• 1 Short title  
• 2 Commencement  
• 3 Principal Act  
• 4 Interpretation  
• 5 Principal Act  
• 6 Exemptions  
• 7  
• 8  
• 9  
• 10 Modified application of Act in relation to certain unit trusts  
• 11 Modified application of Act in relation to certain unit trusts  
• 12 Exemption of certain gains and losses  
• 13 Amendment of assessments  
• 14 Interpretation  
• 15 Liability to provisional tax  
• 16  
• 17 Amount of provisional tax  
• 18  
• 19 When provisional tax payable  
• 20  
• 21 Provisional tax on estimated income  
• 22 Additional tax where income underestimated  
• 23 Reduction of provisional tax  
• 24 Provisional tax to be credited against other tax  
• 25 Provisional tax not to be notified where tax assessed  
• 26 Alteration of notice of provisional tax  
• 27 Notice of provisional tax to be prima facie evidence  
• 28 Provisional tax avoidance schemes relating to taxpayers other than taxpayers in the capacity of trustees  
• 29 Provisional tax avoidance schemes relating to trustees liable to be assessed under section 98  
• 30 Review of decisions  
• 31 Transitional  
• 32 Application of amendments  
• 33 Amendment of assessments  
• 34 Principal Act  
• 35 Entitlement to interest