Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 20-155 20-155 Exception for particular cars taken on hire
This Subdivision does not apply to these kinds of leases:
(a) letting a * car on hire under a * hire purchase agreement; or
(b) letting a * car on hire under an agreement of a kind ordinarily entered into by people who take cars on hire intermittently on an hourly, daily, weekly or monthly basis.
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