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INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-15 - NON-ASSESSABLE INCOME    View history reference

Division 50 - Exempt entities    View history reference

Subdivision 50-A - Various exempt entities    View history reference

SECTION 50-52  Special condition for item 1.1  

 View history reference [No equivalent]

50-52(1)  

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An entity covered by item 1.1 is not exempt from income tax unless the entity is endorsed as exempt from income tax under Subdivision 50-B .

[ CCH Note: There is no subsection 50-52(2).]

50-52(3)  

This section has effect despite all the other sections of this Subdivision.


 



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