Title Schedule 3—Exemption for Global Infrastructure Hub Ltd
Database Bills & Legislation
Long Title a Bill for an Act to amend the law relating to superannuation, taxation, corporations, financial services, consumers, competition and statistics, and for related purposes
Date 03-04-2019 09:23 PM
Source House of Reps
Parl No. 45
Bill Number 22/19
Bill Type Government
Portfolio Treasury
Reps Bill Code T
Status Act
System Id legislation/bills/r6278_aspassed/0002


Schedule 3—Exemption for Global Infrastructure Hub Ltd

Schedule 3—Exemption for Global Infrastructure Hub Ltd

  

Income Tax Assessment Act 1997

1  Section 50‑40 (cell at table item 8.4, column headed “Special conditions”)

Repeal the cell, substitute:

only amounts included as *ordinary income or *statutory income:

(a) on or after 24 December 2014; and

(b) before 1 July 2023

Tax and Superannuation Laws Amendment (2015 Measures No. 1) Act 2015

2  Subsection 2(1) (table item 7B)

Repeal the item, substitute:

7B.  Schedule 4, Part 2

1 July 2025.

1 July 2025

3  Part 2 of Schedule 4 (heading)

Repeal the heading, substitute:

Part 2—Sunsetting on 1 July 2025