Div 50of the Income Tax Assessment Act 1997 applies to assessments for the 1997‑98 income year and later income years.

Division 50 of the Income Tax Assessment Act 1997 applies to assessments for the 1997‑98 income year and later income years. Disregard the use of the following amounts in determining (for the purposes of Subdivision 50‑A of the Income Tax Assessment Act 1997 whether a fund established before 1 July 1997 operates and pursues its purposes in Australia: Division 51 of the Income Tax Assessment Act 1997 applies to assessments for the 1997‑98 income year and later income years. Division 52 of the Income Tax Assessment Act 1997 applies to assessments for the 1997‑98 income year and later income years. Division 53 of the Income Tax Assessment Act 1997 applies to assessments for the 1997‑98 income year and later income years. (1) Division 54 of the Income Tax Assessment Act 1997 applies to assessments for the 2001‑2002 income year and later income years. (2) However, the Division does not apply unless the date of the settlement or order is 26 September 2001 or a later date.