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StatuteIncome Tax Assessment Act 1936

Section 405 — Income Tax Assessment Act 1936: Interpretation

Text of the provision Official document

(1) In this Subdivision: commencing day has the meaning given by section 406. commencing day asset has the meaning given by section 406. (3) Some provisions of this Subdivision say that a payment can include giving property. To the extent that one does, use the market value of the property in working out the amount of the payment.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.