Explanatory Notes

Income Tax Act 2007

2007 CHAPTER 3

20 March 2007

Commentary on Sections

Part 10: Special rules about charitable trusts etc

Overview

Section 544: Section 543: supplementary

1642.This section applies relevant material located elsewhere (eg rules for computing trading losses and about basis periods) and provides interpretative material. It is new. See Change 98 in Annex 1.