Commonwealth Consolidated Acts

TAXATION (DEFICIT REDUCTION) ACT (NO. 1) 1993

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title [see Note 1]  
   2.      Commencement [see Note 1]  

   PART 2--AMENDMENT OF THE FRINGE BENEFITS TAX ASSESSMENT ACT 1986

           Division 1--Principal Act

   3.      Principal Act  

           Division 2--Amendments relating to non-deductible expenses

   4.      Object of Division  
   5.      Repeal of sections 64, 64A and 65  
   6.      Interpretation  
   7.      Application of amendments  

           Division 3--Repeal of redundant provision

   8.      Object of Division  
   9.      Repeal of section 65CAA  
   10.     Consequential amendments  
   11.     Savings  

   PART 3--AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936

           Division 1--Principal Act

   12.     Principal Act  

           Division 2--Amendments to deny deductions to certain non-employees for certain car parking expenses

   13.     Object of Division  
   14.     Insertion of new section  
   15.     Keeping of records  
   16.     Application of amendments  

           Division 3--Amendments relating to certain non-deductible expenses

   17.     Object of Division  
   18.     Losses and outgoings  
   19.     Club fees and expenditure relating to leisure facilities  
   20.     Deductions not allowable for entertainment expenses  
   21.     Deductions for travel expenses where person accompanied by relative  
   22.     Depreciation  
   23.     Application of amendments  

           Division 4--Amendments relating to payments in lieu of annual leave or long service leave

   24.     Object of Division  
   25.     Interpretation  
   26.     Application of amendments  
   27.     Transitional  

           Division 5--Amendments relating to credit unions

   28.     Object of Division  
   29.     Interpretation  
   30.     Insertion of new section  
   31.     Exemption of interest received by credit unions  
   32.     Co-operative companies  
   33.     Sums received to be taxed  
   34.     Application of amendment  

   PART 4--AMENDMENT OF THE INCOME TAX RATES ACT 1986

           Division 1--Principal Act

   35.     Principal Act  

           Division 2--Credit unions

   36.     Object of Division  
   37.     Rates of tax payable by companies  

   PART 5--AMENDMENT OF THE MEDICARE LEVY ACT 1986

   38.     Object of Part  
   39.     Principal Act  
   40.     Levy in cases of small incomes  
   41.     Amount of levy--person who has spouse or dependants  
   42.     Application of amendments