The Act amends: (a) the Income Tax Assessment Act 1936, in order to provide for a tax incentive, in the form of a allowable deduction, to encourage primary producers and lessors of property to primary producers to invest in drought mitigation property and ; (b) the Loan (Income Equalization Deposits) Act 1976 relating to farm management bonds. (3 sections and 2 Schedules)
Australia · 1995-04-07