Federal Register of Legislation - Australian Government

Primary content

Income Tax (Fund Contributions) Act 1989

Act No. 99 of 1989 as made
An Act to impose income tax upon so much of the taxable income of certain funds as is attributable to certain contributions
Administered by: Treasury
Date of Assent 30 Jun 1989
Table of contents.

Income Tax (Fund Contributions) Act 1989

No. 99 of 1989

 

 

 

 

 

An Act to impose income tax upon so much of the taxable income of certain funds as is attributable to certain contributions

  

  

  



 

 

Income Tax (Fund Contributions) Act 1989

No. 99 of 1989

 

 

 

 

An Act to impose income tax upon so much of the taxable income of certain funds as is attributable to certain contributions

[Assented to 30 June 1989]

1  Short title

                   This Act may be cited as the Income Tax (Fund Contributions) Act 1989.

2  Commencement

                   This Act commences on the day on which it receives the Royal Assent.

3  Imposition of income tax

                   If subsection 5(4) of the Income Tax Act 1986 has the effect that that Act does not impose tax in respect of the subject of taxation mentioned in paragraph 5(4)(a) of that Act, this Act imposes income tax in respect of that subject of taxation.

4  Financial years for which tax payable

                   The tax imposed by this Act is levied and shall be paid for each of the financial years for which the tax imposed by the Income Tax Act 1986 is levied in accordance with section 7 of that Act.