INCOME TAX ASSESSMENT REGULATIONS (AMENDMENT) 1998 NO. 85 

INCOME TAX ASSESSMENT REGULATIONS (AMENDMENT) 1998 NO. 85 
- TABLE OF PROVISIONS

1.  Commencement  
2.  Amendment  
3.  New regulation 28-25.01  


INCOME TAX ASSESSMENT REGULATIONS (AMENDMENT) 1998 No. 85
- REG 1
1. Commencement


  1.1 These Regulations commence on gazettal.


INCOME TAX ASSESSMENT REGULATIONS (AMENDMENT) 1998 No. 85
- REG 2
2. Amendment


  2.1 The Income Tax Assessment Regulations are amended as set out 
in these Regulations.


INCOME TAX ASSESSMENT REGULATIONS (AMENDMENT) 1998 No. 85
- REG 3
3. New regulation 28-25.01


  3.1 Before regulation 51-5.01, insert:
Car expenses-cents per kilometre (Act, s 28-25)
  "28-25.01 For section 28-25 of the Act, the number of cents is as 
set out in the following table:
Car not powered by a     Car powered by a rotary     Number of cents
rotary engine-engine     engine-engine capacity
capacity (in cm3)        (in cm3)
                      PART 1-1997-98 INCOME YEAR
Not exceeding 1600       Not exceeding 800            45.7
Exceeding 1600,but       Exceeding 800, but not       51.9
not exceeding 2600       exceeding 1300
Exceeding 2600           Exceeding 1300               53.8
Note For the rate prescribed for earlier income years, see 
regulation 147 of the Income Tax Regulations.".


INCOME TAX ASSESSMENT REGULATIONS (AMENDMENT) 1998 No. 85
- NOTE 1


*1* Notified in the Commonwealth of Australia Gazette on 14 May 
1998.


INCOME TAX ASSESSMENT REGULATIONS (AMENDMENT) 1998 No. 85
- NOTE 2


*2* Statutory Rules 1997 No. 198.


- NOTES


INCOME TAX ASSESSMENT REGULATIONS*2* (AMENDMENT) 1998 No. 85*1* 
- Dated 14 May 1998